White House says increase in gas prices is ‘temporary’ and claims there will be rapid drop – US politics live

White House says increase in gas prices is ‘temporary’ and claims there will be rapid drop – US politics live


Leavitt insists that hike in gas prices is ‘temporary’ and assures rapid price drop

The press secretary used her opening remarks to assuage anxiety around the hike in prices at the pump that many Americans have seen in the past week.

double quotation markThe recent increase in oil and gas prices is temporary, and this operation will result in lower gas prices in the long term. Once the national security objectives of Operation epic fury are fully achieved, Americans will see oil and gas prices drop rapidly, potentially even lower than they were prior to the start of the operation.

Key events

US asks Israel to stop strikes on Iran’s energy infrastructure – report

Lucy Campbell

The United States has asked Israel to halt strikes on Iran’s energy infrastructure, Axios reports, citing three sources familiar with the matter, marking the first time the US has reined in its ally since they went to war 11 days ago.

Washington sent the message at a senior political level and to IDF chief of staff Eyal Zamir, Axios reports, citing an Israeli official.

Per Axios’s report, the Trump administration gave three reasons for the request, including a goal to cooperate with Iran’s oil ‌sector after the war (as Trump has done with Venezuela); fears that the ⁠strikes would harm the ​Iranian public; and concerns that it could trigger ​massive Iranian retaliatory attacks on energy infrastructure across Gulf states.

It comes after an Israeli bombing of fuel storage facilities blanketed Tehran – a city home to some 10 million people – in toxic black smoke and acid rain over the weekend, raising urgent health warnings for ordinary Iranians.

Iran has appealed to to the United Nations to condemn the US and Israel for a “manifest environmental crime”.



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Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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