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Trump claims Iran responsible for high oil prices before midterm elections

Greenwatch Desk World News 2026-10-23, 5:38am

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The US president is posting on his social media platform that he believes the amount of oil that is going through the Strait of Hormuz exceeds pre-war levels. He is making that claim even as it is unclear where this data is coming from.


What we know is the US president – when it comes to any sort of interruption or decrease in oil – is pointing the finger at Iran, particularly ahead of the US midterm elections.

What is important to note is that the US president, as he has said before in his social media posts, claims that the United States is in complete control of the Strait of Hormuz and that Iran is not able to export its oil.

Why is the US president making these claims? He is saying this because he is paying the price right now domestically and politically. That is a real vulnerability ahead of the November 3 polls.

The issue for Americans is that the high price of oil is not a foreign policy issue; it is a domestic issue, reports AL Jazeera.