US Vice President JD Vance claimed that gasoline prices in the United States would be triple their current levels if the US Navy were not actively maintaining security and open navigation in the Strait of Hormuz. He expressed optimism that global energy prices would decline once the conflict involving the US, Israel, and Iran reaches a conclusion.
Speaking at a town hall event hosted by US news network CBS, Vice President Vance acknowledged that domestic energy prices remain high, attributing the strain to Iranian threats against oil tankers and attempts to choke off maritime transit through the Persian Gulf. Vance emphasized that an attempt by a single nation to completely shut down global energy supplies is an unprecedented situation in modern history.
Vance asserted that keeping the Strait of Hormuz open for international oil and gas shipments remains one of Washington's top national security priorities. Furthermore, he noted that securing verifiable commitments from Tehran to prevent the reconstitution of its nuclear program remains a key diplomatic objective for the US administration.
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Reported by International Desk • Edited by the Daily Best News desk. Send corrections to [email protected].
