Vance Says U.S. Averted Energy Crisis by Pressuring Iran as Diesel Hits Record $5.85
Updated
Updated · Fox News · Sep 4
Vance Says U.S. Averted Energy Crisis by Pressuring Iran as Diesel Hits Record $5.85
3 articles · Updated · Fox News · Sep 4
Summary
JD Vance said the Trump administration has prevented a worldwide energy crisis by protecting commercial shipping and pressuring Iran to stop attacks in the Strait of Hormuz.
“Everything” remains on the table, Vance said, including economic, military, diplomatic and covert pressure, while declining to detail future steps against Tehran.
Mike Huckabee said Iran is already in an “incredibly weakened” military and economic position and warned more U.S. pressure could follow if it keeps pursuing nuclear ambitions and regional aggression.
Energy markets still show strain: U.S. diesel reached a record $5.85 a gallon, average gasoline rose to $4.15 from $4.09 a week earlier, and Brent crude traded above $95 after climbing from about $70 before the war.
With the Strait of Hormuz under threat, why haven't global oil prices skyrocketed as experts previously feared?
How will soaring diesel costs from the Middle East shipping crisis secretly drive up your grocery bills this year?
Could Israel's seizure of Hezbollah's underground command centers in Lebanon trigger the massive Iranian retaliation the world fears?
The September 2026 Energy Crisis: U.S. Fuel Prices, Middle East War, and the Global Economic Repercussions
Overview
The September 2026 global energy crisis began when the U.S.-Israel war on Iran led Iran to close the Strait of Hormuz, causing commercial shipping to collapse and triggering a worldwide energy shock. This disruption sent U.S. gasoline and diesel prices to record highs, driving up costs for households and businesses and fueling inflation. The Trump administration responded with emergency measures and a controversial oil deal with Venezuela, but immediate relief proved elusive. As Europe and Asia scrambled for alternative energy sources, public approval of the Trump administration plummeted, shifting political momentum toward the Democrats ahead of the 2026 midterms and increasing calls for a rapid end to the conflict.