On October 5, 2026, Donald Trump reiterated his stance on the impact of Ukrainian strikes on Russian oil refineries on gas prices in the United States. He claimed that this was the main reason for the rising fuel prices in the country.
Trump's Statement on the Causes of Price Increases
Trump emphasized that the current increase in gas prices is not related to the situation in the Strait of Hormuz. He noted that a record amount of oil barrels is entering the market, and the primary factor affecting prices is Ukraine's attacks on Russian oil refineries. According to him, this leads to a decrease in oil production in the US, particularly in states governed by Democrats.
Key Points from the Statement
In his statement, Trump highlighted several key points:
- Gas prices are rising due to Ukraine's strikes on Russian oil refineries.
- The Strait of Hormuz is no longer a major factor influencing oil prices.
- Oil production in the US is declining due to the closure of refineries in "blue" states like California.
Context of the Statement
This statement from Trump reflects his continued political rhetoric, where he seeks to link foreign policy events with domestic economic issues. Amid rising fuel prices, such comments may influence voters, especially with elections approaching.