Trump Rejects Chris Wright’s $3 Gas Forecast As ‘Totally Wrong,’ Says Hormuz Blockade Is Costing Iran $500 Million A Day

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President Donald Trump has contradicted Energy Secretary Chris Wright‘s prediction on gas prices amid the ongoing Iran war.

During a phone interview with The Hill on Monday, Trump expressed his disagreement with Wright’s forecast that gas prices may not drop below $3 per gallon until next year.

“No, I think he’s wrong on that. Totally wrong,” Trump stated.

When asked about his expectation for a drop in gas prices, Trump responded, “as soon as this ends,” referring to the ongoing war with Iran. The U.S. currently maintains a blockade on all Iranian ports.

On the same day, Reuters reported that Pakistan’s army chief Asim Munir suggested to Trump that the U.S. blockade on Iranian ports poses a challenge to negotiations. Trump, however, refuted this claim in his conversation with The Hill, stating that Munir “didn’t recommend anything on the blockade.”

Trump further emphasized the strength of the blockade, saying, “The blockade is very powerful, very strong. They lose $500 million a day with the blockade up,” referring to Iran. “We control …

Full story available on Benzinga.com

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