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You are at:Home » Gavin Newsom ‘Thanks’ Trump As Gas Prices Hit $3.70/Gallon Amid Iran War—Slams $1.5 Billion Spent By Americans In Excess At The Pump
Commodities

Gavin Newsom ‘Thanks’ Trump As Gas Prices Hit $3.70/Gallon Amid Iran War—Slams $1.5 Billion Spent By Americans In Excess At The Pump

News RoomNews RoomMar 16, 2026 2:51 am EDT0 ViewsNo Comments2 Mins Read
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California Guv Gavin Newsom (D) has actually knocked the President Donald Trump administration as fuel rates throughout the U.S. continue to rise.

‘ Thanks To President Trump,’ States Gavin Newsom

In a post on the social networks platform X on Sunday, Newsom’s main press workplace manage knocked Trump for the cost rise. “THANKS TO PRESIDENT TRUMP, RATE ARE BOILING DOWN!” the post stated, estimating a post that stated the cost of a gallon of gas in the U.S. struck $3.70.

$ 1.5 Billion In Excess

In an X post on Saturday, Newsom knocked the Trump administration over the cost increase, along with the “devastating” war with Iran. “No quantity of spin from Trump and his lackeys” might conceal that “Americans paid out an additional $1.5 BILLION for gas this previous week,” Newsom stated in his post.

According to information put together by the American Auto Association (AAA), the typical cost of a gallon of gas on Sunday struck $3.699 per gallon, with gas in California costing $5.509 per gallon.

Energy Secretary Predicts End To War

Wright likewise shared that as Iran lays a blockade on the Strait of Hormuz, which is a crucial trading path accountable for a minimum of a fifth of the world’s oil supply, marine escorts might likewise be possible for ships going through.

Advantages To Oil Business, Tesla

On the other hand, U.S.-based oil business might tape-record advantages of approximately $60 billion as the war with Iran intensifies, with the business currently seeing a $5 billion boost in capital.

Have A Look At more of Benzinga’s Future Of Movement protection by following this link.

Market News and Data gave you by Benzinga APIs

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Calumet Completes Offering of $150 Million of Additional 9.75% Senior Notes due 2031

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