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Unclear timeline for Iran war keeps high gas prices in limbo

Mar 16, 2026Center

Lowered energy costs could come after the fighting abroad is finished, Energy Secretary Chris Wright said over the weekend.

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IEA to consider release of more oil reserves as Iran war keeps prices high

The Guardian

Mar 16, 2026

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IEA to consider release of more oil reserves as Iran war keeps prices high

Head of world’s energy watchdog says it will take time for markets to recover from ongoing crisis in strait of HormuzThe world’s energy watchdog will consider releasing further emergency crude stocks into the global market to cool rising oil prices after warning that it will take time for markets to recover from the ongoing crisis in the strait of…

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Trump raises Democratic attacks by downplaying high fuel prices sparked by Iran war

The Hill

Mar 15, 2026

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Trump raises Democratic attacks by downplaying high fuel prices sparked by Iran war

President Trump is downplaying concerns about rising gas and oil prices that have been badly exacerbated by the war in Iran. Both the president and members of his Cabinet have described rising prices as a “small price to pay” to achieve their goals in Iran. Trump also argued that rising prices are good for the…

Center

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Trump puts new timeline on ending war with Iran amid hysteria over rising gas prices

Daily Mail

Mar 16, 2026

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Trump puts new timeline on ending war with Iran amid hysteria over rising gas prices

Donald Trump has given another timing update on the US-Iran war, as oil tanker traffic in the Strait of Hormuz has come to a standstill and crude prices are skyrocketing.

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