Trump: Refinery Disruptions, Not Strait of Hormuz, Are Driving Gasoline Prices Higher - Truth Social

05 Oct 2026 16:33Energy US Bonds US Indexes USD
  • Trump: Record volumes of oil are now moving through the Strait of Hormuz on an almost daily basis
  • Trump attributes higher gasoline prices to refinery disruptions, including Ukrainian attacks on Russian refineries and refinery closures in California
  • Trump blames Democratic-led states for US refinery closures