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Review

Trump on gas prices: Americans should expect to pay more 'for a little while'

By Trevor Hunnicutt and Kanishka Singh WASHINGTON, April 23 (Reuters) - U.S. President Donald Trump told reporters on Thursday that Americans should expect to pay higher gas prices "for a little while." • Energy prices have risen around the world since the start of the Iran war in late February. • Trump was asked if Americans "should anticipate spending more on gasoline for the foreseeable

By Trevor Hunnicutt and Kanishka Singh

WASHINGTON, April 23 (Reuters) - U.S. President Donald Trump told reporters on Thursday that Americans should expect to pay higher gas prices "for a little while."

• Energy prices have risen around the world since the start of the Iran war in late February.

• Trump was asked if Americans "should anticipate spending more on gasoline for the foreseeable future."

• "For a little while," Trump responded.

• The U.S. and Israel attacked ​Iran on February 28. Iran responded with its own strikes on ​Israel and Gulf states with U.S. bases. U.S.-Israeli strikes on ⁠Iran and Israeli attacks in Lebanon have killed thousands and displaced millions.

• A fragile ceasefire in the Iran war began over two weeks ago.

• The rise in gas prices caused by the war has created a dilemma for Trump's Republican Party, which currently holds a majority in both chambers of Congress, ahead of November's midterm elections.

• Trump has said ⁠gas ​prices may stay high until November but has sought ​to brush off concerns.

• The Iran war has brought traffic through the ​Strait of Hormuz, a chokepoint for about 20% of global oil and liquefied natural gas shipments, close ​to a standstill.

(Reporting by Trevor Hunnicutt and Kanishka Singh in Washington; Editing by David Ljunggren and Nia Williams)

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