US tracking closely how to get oil tankers through Strait of Hormuz, White House says
View all comments(0)
By Nandita Bose and Bo Erickson
WASHINGTON, March 25 (Reuters) - White House press secretary Karoline Leavitt on Wednesday said the United States is tracking "very closely" how to get oil tankers through the Strait of Hormuz.
"As far as tankers through the Strait, it's something we're tracking very closely," Leavitt told reporters about the key shipping lane near Iran. However, the press secretary said there is no "specific timeline" on when the tankers could move freely.
"We're going to see prices at the pump go back down," Leavitt added, arguing the Trump administration's prioritization of domestic energy production will help stabilize prices when the military operation in Iran is over.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Like
Recommended Articles
Featured Tools
Top News
Cerebras Systems IPO 2026: Date, Price, Valuation, and Whether CBRS Is Worth Buying

April 2026 CPI Preview: Will Hot Inflation Crush Nasdaq, S&P 500 & NVDA? Explosive Market Reaction Guide

Copper Prices Near All-Time Highs. Citi: If Strait of Hormuz Is Unblocked, Price Will Rise to $15,000 by Year-End

SK Hynix Surges 15% to New High: HBM Shortage Until 2028, How Much Longer Can AI Memory King Rise?

PPI Report April 2026: How Inflation Data Is Moving HIMS, CEG, and PLUG Stock Today

Tradingkey







Comments (0)
Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.