PNN – California Governor Gavin Newsom stated that U.S. President Donald Trump’s warmongering against Iran has imposed $120 billion in additional fuel costs on the American people, and announced that special measures are being taken in California to mitigate these expenses.
According to the report of Pakistan News Network; Newsom wrote on the social media platform X on Tuesday: In just seven months, Trump’s reckless warmongering against Iran has saddled the American people with over $120 billion in extra fuel costs.
He added: Given the uncertainty surrounding the war, I am suspending California’s requirement for the use of a special summer-blend gasoline and directing state agencies to immediately authorize the sale of winter-blend gasoline.
Newsom emphasized: This measure will help lower costs and alleviate financial pressure on drivers, businesses, and communities across the state.
The war has also impacted energy costs for Americans. The Strait of Hormuz, a critical global oil transit route, has been closed amidst the conflict.
According to data from the American Automobile Association (AAA), the average price of a gallon of regular gasoline in the U.S. reached approximately $4.48 on Monday morning; the figure stood at around $3.13 during the same period last year.
Charlie Cook, founder of the nonpartisan election analysis firm the Cook Political Report, said on Sunday that it is now “almost certain” Democrats will regain control of the House of Representatives following the midterm elections, and that the prospect of securing a Senate majority is also very realistic.
A new Wall Street Journal poll shows Trump’s approval rating at 37 percent—the lowest level recorded for a president so close to the congressional midterm elections.
Oil prices rose to $106 per barrel today amid mounting concerns over persistent tensions in the Middle East and potential disruptions to shipping through the Strait of Hormuz.
Oil prices are rising for the second consecutive day; as of 00:30 GMT, Brent crude futures had climbed 63 cents (0.6%) to reach $105.91 per barrel.
US West Texas Intermediate (WTI) crude also rose by 72 cents (0.8%) to $93.32 per barrel.
Brent prices gained 0.4% last week, whereas WTI fell by 7.9%; concerns regarding a potential US ban on diesel exports—aimed at curbing record-high prices—were among the factors weighing on the latter benchmark.