Trump specifically cited the destruction of Russian refining capacity and the shutdown of plants in states like California as the key bottlenecks. The statement shifts the attribution of high pump prices away from geopolitical tensions with Iran and toward operational outages both abroad and within the US.
Tuesday, October 20, 2026
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Trump Shifts Gas Price Blame from Hormuz to Refineries
Commodities15 days ago
Ukrainian strikes on oil facilities in Russia and facility closures in Democratic-led US states are pushing fuel costs higher, according to President Donald Trump. He stated that refinery disruptions have replaced the Strait of Hormuz as the main driver of gasoline prices, noting that record numbers of barrels are now flowing through the waterway on a daily basis.
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