Gas prices hit a record high of $4.39: Why Trump no longer has the means to stop the price hikes
fr.de/politik/benzinpreis-knackt-39-dollar-rekord-warum-trump-keine-mittel-mehr-hat-die-preise-zu-stoppen-zr-94290103.html
Photo: fr.de · view article
Gas Prices Surge Amid Limited White House OptionsUS gas prices hit $4.39 per gallon; analysts say only a deal with Iran can ease the supply blockade and lower costs.
- Gas prices in the US reached a record $4.39 per gallon due to the ongoing closure of the Strait of Hormuz.
- Efforts like releasing strategic reserves and easing environmental rules have only marginally impacted the rising fuel costs.
- Further policy measures face political and economic challenges, with tax cuts and export bans seen as risky and ineffective.
- Most experts agree that only a diplomatic agreement with Iran to reopen shipping lanes could significantly reduce prices, but Trump rejected recent proposals.
We are steering in the coming weeks toward what could become a much larger energy crisis, and instead of recognizing a possible mistake, it seems that both the White House and Iran have dug in.— Patrick De Haan, head of oil analysis at GasBuddy, commenting on the risk of a broader energy crisis amid rising prices and tensions with Iran.
Story Details
| Last Updated | |
| Total Articles | 3 |
Main Topics
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
quantified value of an event that is more extreme than that of all comparable events
News on this topic
Gas price breaks $4.39 record: Why Trump no longer has the means to stop prices: Gasoline prices in the US continue to rise sharply. A deal with Iran is ...
op-online.de/politik/benzinpreis-knackt-39-dollar-rekord-warum-trump-keine-mittel-mehr-hat-die-preise-zu-stoppen-zr-94290103.html
Gasoline price breaks $4.39 record: Why Trump no longer has the means to stop prices
hna.de/politik/benzinpreis-knackt-39-dollar-rekord-warum-trump-keine-mittel-mehr-hat-die-preise-zu-stoppen-zr-94290103.html
Similar to This
Previous
Gold breaks $5,000 - | what happens next?: Gold has reached the $5,000 mark faster than expected. For investors, the question now is less about why and more ...
boerse-online.de/nachrichten/rohstoffe/gold-knackt-5000-dollar-wie-geht-es-jetzt-weiter-20394188.html
Next