White House Scrambles for Gas Price Fix After Trump Iran Strikes Jolt Oil Markets
Gas prices across the United States are rising sharply as the conflict between the U.S., Israel, and Iran shakes global energy markets — and the White House is reportedly scrambling to keep costs from spiraling further.
According to reporting from The Independent and Politico, administration officials are now “looking under every rock” for ways to bring gasoline prices down after the war triggered a rapid spike at the pump.
Nationwide gas prices jumped roughly 28 cents per gallon in a single week, climbing from about $2.98 to $3.25, according to AAA data cited in the report.
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Energy markets reacted quickly after U.S. and Israeli strikes on Iran and Tehran’s retaliation raised fears of disruptions in the Strait of Hormuz, a critical oil shipping route that carries about one-fifth of global petroleum supply.
Oil prices surged past $80 per barrel, pushing fuel costs higher and raising concerns that the increases could accelerate in the coming weeks.
White House press secretary Karoline Leavitt pushed back on reports of internal panic, saying the administration had been planning for energy disruptions tied to the conflict.
Analysts warn the direction of gas prices now depends largely on how long the Middle East crisis continues.
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