Trump Says Gas Prices May Be Same or ‘A Little Bit Higher’ Before Midterms

The president said that the United States has to block Iran from obtaining a nuclear weapon.

Traffic moves past a gas station in Los Angeles, on March 11, 2026. John Fredricks/The Epoch Times

President Donald Trump on April 12 predicted that the current elevated gasoline prices could go higher or remain the same before the November midterm elections, after oil prices surged in the wake of the Iran conflict.

Fox News anchor Maria Bartiromo asked Trump whether his newly announced blockade of the Strait of Hormuz would be enough to reopen the strait and lower prices. The strait carried about one-fifth of the world’s oil before the conflict.