Event details
At a rally, President Trump said Americans should accept higher gas prices as 'the cost of preventing Iran from obtaining a nuclear weapon,' repeating his vow to declare the Strait of Hormuz US territory. Brent crude traded near $90 a barrel and US pump prices stood around $4 a gallon as he spoke.
Context
The remarks signal the White House is preparing the public for prolonged pain at the pump rather than a quick Hormuz resolution, directly framing consumer fuel costs as a deliberate tradeoff of the Iran standoff.
- Local time
- 4:54 PM New York time, Aug 14, 2026
- Location
- United States
- Relationship
- Update