President Donald Trump on Sunday predicted that the current elevated gasoline prices could go higher or remain the same before the November midterm elections, after oil prices surged in the wake of the Iran conflict.
Fox News anchor Maria Bartiromo asked Trump whether his newly announced blockade of the Strait of Hormuz would be enough to reopen the strait, which carries around a fifth of the world’s oil on a regular day—as well as lower prices.
“Well, it’s eventually going to be lower,” Trump said. “No, it might not happen initially, but it’s going to go down.”…
Trump Says Gas Prices May Be Same or ‘A Little Bit Higher’ Before Midterms
