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‘Hormuz has to reopen’: Why the oil industry can’t help Trump tame rising gasoline prices

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20.03.2026

‘Hormuz has to reopen’: Why the oil industry can’t help Trump tame rising gasoline prices

Oil industry executives say much of the administration’s messaging on supply disruptions from the Iran war has discouraged drilling.

Oil pump jacks are seen in a field in Stanton, Texas. | Brandon........

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