Trump claims US fuel prices 'not very high' as costs surge amid Iran war [View all]
Source: The Guardian
Donald Trump has claimed US fuel prices are not very high, relatively speaking as his administration grapples with affordability concerns after the surge in costs sparked by his war on Iran.
The national average gas price stood at about $4.16 per gallon on Tuesday, according to AAA $0.37 lower than a month ago, but still about $1 more expensive than the same time last year.
The US president has faced sustained frustration over the sharp rise in fuel costs since the start of the US-Israel war on Iran in late February. While he has repeatedly sought to downplay the increase in prices, it comes as voters prepare to cast their votes in Novembers crucial US midterm elections.
Addressing reporters on Tuesday morning, Trump said the administration was releasing a lot of oil coming out of the Hormuz strait, one of the most crucial passageways for global trade through which about 20% of the worlds oil passes. The strait has been all but closed since the start of the war.
Read more: https://www.theguardian.com/business/2026/jun/09/trump-gas-prices-not-very-high