Iran War: The US States Where Gas Prices Are Surging Fastest Under Trump
Source: Bloomberg Politics · Bias: Center
Summary
US President Donald Trump has vowed to maintain a naval blockade on Iran, reiterating that the policy is depriving the Islamic Republic of much-needed oil revenue. West Texas Intermediate, the main US crude marker, rallied toward $111 a barrel on Thursday, while Brent, the global benchmark, topped $126. Iran’s Supreme Leader Mojtaba Khamenei cast doubt on the prospects of a deal, vowing not to give up the Islamic Republic’s nuclear or missile technologies, and signaling Tehran would keep control of the Strait of Hormuz. The American Automobile Association says in California, the average statewide price for regular gasoline rose to $6.01, the highest since October 2023. Skyrocketing pump prices are a major political risk for President Donald Trump’s White House, especially ahead of the midterm elections. Bloomberg's Charlie Wells explains on "The Pulse with Francine Lacqua." (Source: Bloomberg)
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Daily Analysis
Read the full Parallax Pulse for May 1, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.
More Headlines From May 1, 2026
- GOP war powers resolution argument triggers a furor between Trump, lawmakers over Iran (Center)
- ‘Censoring counselors’: Oregon scheme to control therapists’ speech under fire (Far Right)
- Trump claims other presidents flouted war powers law. It's a mixed record (Center)
- White House Owes Congress Iran Plan: Rep. Vindman (Center)
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