No gas price relief in sight as Strait of Hormuz stands still

Source: Politics - CBSNews.com · Bias: Center

Summary

President Trump said again on Thursday that oil and gas prices will drop after the war with Iran is over. But for now, they are back to levels last seen around the start of the war in Ukraine during the Biden administration. Jo Ling Kent reports from Los Angeles.

Related Coverage

Daily Analysis

Read the full Parallax Pulse for April 30, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.

More Headlines From April 30, 2026

No gas price relief in sight as Strait of Hormuz stands still
Politics - CBSNews.com

No gas price relief in sight as Strait of Hormuz stands still

Center

President Trump said again on Thursday that oil and gas prices will drop after the war with Iran is over. But for now, they are back to levels last seen around the start of the war in Ukraine during the Biden administration. Jo Ling Kent reports from Los Angeles.

No gas price relief in sight as Strait of Hormuz stands still | ParallaxNews.io