Politics

Trump Denies Gas Price Increase Due to Hormuz Closure

Updated 2026-10-05 21:10 UTC 1 source Negative

President Trump claimed that disruptions in oil refineries, not Iran's closure of the Strait of Hormuz, are driving up gas prices. He stated that records show no significant impact from Hormuz on gasoline costs.

Coverage timeline — 1 article
The Hill
President Trump on Monday claimed that disruptions to oil refineries are driving up the soaring cost of gas, not Iran's closure of the Strait of Hormuz following the start of the U.S.-Israeli conflict with its regime. "What's driving up Gasoline is no longer the Strait of Hormuz, because Record Numb
2026-10-05 20:43 UTC
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