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U.S. Monitoring Strait of Hormuz; Oil Prices Expected to Fall

3/26/2026

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Story summary
  • Karoline Leavitt, White House press secretary, said on March 25, 2026 that the United States is closely monitoring oil tanker movements through the Strait of Hormuz.
  • She noted there is no specific timeline for when tankers could operate freely.
  • Leavitt said pump prices should fall, citing the administration of U.S. President Donald Trump and its focus on domestic energy production after military operations in Iran.