- Gasoline futures up by 5%, their highest price since July 2015
- Shutdown along Texas’s Gulf coast means prices at the pumps likely to rise
- Tropical storm Harvey – follow the latest updates in our live blog
US gasoline prices have increased to a two-year high as crude oil refineries along the Texas Gulf coast shuttered in the wake of Hurricane Harvey.
Prices at the pump are expected to rise after gasoline futures – the wholesale prices charged to gas stations – increased 5% early Monday, to their highest prices since July 2015.