Transportation Sec Duffy Claims "Immediate Relief" on Gas Prices Will Come Soon - Fed Reports Say Otherwise
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Transportation Sec Duffy Claims "Immediate Relief" on Gas Prices Will Come Soon - Fed Reports Say Otherwise
""You're going to start to see immediate relief once the strait opens and supply flows again," Duffy said on ABC News's 'This Week' program over the weekend."
""You have to look at the president to say, what does a leader do? What does a president do when he sees a potential nuclear Iran? He's not going to tolerate it," Duffy said."
"Last month, for example, Trump acknowledged that gas prices will remain high 'for a little while.' 'You know what [Americans] get for that? Iran without a nuclear weapon,' Trump added."
Transportation Secretary Sean Duffy claimed that gas prices would drop immediately with the reopening of the Strait of Hormuz. However, reports from other Trump administration agencies indicate that prices are unlikely to return to pre-war levels for months or years. Currently, average gas prices in the U.S. are significantly higher than before the war. Duffy suggested that rising prices are temporary and justified by the need to counter Iran's nuclear ambitions, a sentiment echoed by President Trump.
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