U.S. average gasoline prices may not return to pre-Iran war levels under $3-per-gallon until next year, Energy Secretary Chris Wright said Sunday morning. But prices have likely peaked, and they'll start going down, certainly with a resolution of this conflict, you'll see prices go down.
Australia's Defence Minister Richard Marles stated, 'Our surface fleet is more important than at any time in decades. These general-purpose frigates will help secure our maritime trade routes and northern approaches as part of a larger and more lethal surface combatant fleet.'
Trump stated, 'I TOLD THEM TO STAY AWAY, UNLESS THEY JUST WANT TO LOAD UP THEIR SHIPS WITH OIL.' He criticized NATO nations for their lack of timely support during the crisis.
President Trump stated that Iran's naval forces were 'lying at the bottom of the sea' and warned that any ships approaching the blockade would be 'immediately ELIMINATED.' He compared the blockade enforcement to US counter-narcotics operations at sea.