As Pump Prices Hit Iran War Highs, Duffy Claims They'll Fall Immediately After Hormuz Reopens
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Source: Zero Hedge
Published: 2026-05-05 06:45 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, War & Conflict
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Snippet:
As pump prices for gasoline (and diesel) hit Iran War highs, U.S. Transportation Secretary Sean Duffy said on Sunday that gasoline prices should begin to decline “immediately” once shipping resumes through the Strait of Hormuz, pushing back against analyst warnings that relief for consumers could take months.
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