
Trump's Iran Blockade: Gas Prices Soaring
About this episode
President Trumps announcement of a U.S. blockade on Iranian ports in the Strait of Hormuz has sent gas prices soaring, with no relief in sight for the November midterm elections. The national average is now over four dollars a gallon, and oil markets have reacted strongly, with U.S. crude jumping eight percent and Brent crude up seven percent. As tensions rise and talks stall, brace yourself for a potentially rough ride at the pump.
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Tampa Bay News Today | 2 Min News | The Daily News Now! — Trump's Iran Blockade: Gas Prices Soaring. Machine-transcribed; use the interactive transcript above to jump the player to any line.
President Trump dropped some real talk on Fox News Sunday saying gas prices could stay high or even climb a bit right through the November midterm elections. Right now the national average sits just over $4 a gallon, up from below $3 back in February and $3.23 cents for all of 2025. That comes after weekend peace talks between the U.S. and Iran and Pakistan fell apart with no ceasefire deal. Trump announced the Navy's kicking off a blockade of Iranian ports in the Shred of Hormuz, aiming to choke off ship traffic in and out. Folks are reacting strong on both sides. Trump boasted online about wiping out 158 Iranian ships, warning their fast attack boats to steer clear or face quick elimination. Meanwhile, Iran's parliament speaker fired back on social media, saying Americans better enjoy these pump prices now because the blockade will jack. Come up way higher. Oil markets wasted no time with U.S. crew jumping 8% to $104.24 a barrel and Brent
crewed up 7% to $102.29. Gas prices have been climbing for weeks amid all this tension. As the blockade ramps up in talk stall, keep an eye on your wallet at the pump, could be a rough ride until things cool off. Local news, powered by AI. This is Tampa Bay News today.
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