Skip to content
Back to Guavy Wire
Commodities

Strait of Hormuz Blockade Sends Heating Oil Prices Soaring in Western Pennsylvania

Instruments
Oil
Share

A global oil supply pinch is driving up heating oil prices in Western Pennsylvania, making it difficult for residents to afford home heating costs.

The price of heating oil has spiked to $5.99 per gallon, a staggering increase from the typical range of $2 to $2.50 per gallon, according to Kristen Zawoyski, General Manager of Export Fuel Co.

The closure of the Strait of Hormuz, which accounts for one-third of the world's global oil supply, is largely responsible for the price hike. The strait has been blocked since the conflict with Iran began in February, causing a ripple effect on international markets.

Sam Avampato, a 73-year-old resident of Hunker, is bracing for a difficult winter, as he will likely have to pay more than $1,600 per year for heating oil, up from his typical annual cost of around $550. 'The most I've ever paid was $4.12 a gallon,' Avampato said.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc