US Gas Prices Rising: Can Trump Stop the Fuel Shock From Hurting Republicans?

By Oneindia News

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US gasoline prices have crossed the $4-a-gallon mark, putting fresh pressure on American households and creating a potentially serious political problem for President Donald Trump ahead of the November 2026 midterm elections. In this explainer, Pankaj Mishra breaks down why US gas prices are rising, how the Iran conflict and disruptions around the Strait of Hormuz are affecting global oil markets, and whether gasoline prices could rise even further this fall. The video also examines the economics behind the fuel shock...crude oil prices, refinery costs, diesel prices, inflation and interest rates ... and the political challenge facing Trump as Americans struggle with the broader cost-of-living crisis. Can Trump bring gasoline prices down before the midterms? What can the White House actually do? And could expensive fuel become a major election issue for Republicans? Pankaj Mishra explains. TIMESTAMPS 00:00- Why US gas prices matter politically 00:35-Gas prices c

Tags: 2026 midterm elections, American economy, Democrats, Donald Trump economy, Iran war, Republican Party, Strait of Hormuz, Trump Iran war, Trump gas prices, Trump midterms, US Iran conflict, US economy 2026, US gas prices, US gasoline prices, US inflation, US midterms 2026, cost of living crisis USA, crude oil prices, diesel price, fuel prices