US Vice President JD Vance has claimed that petrol prices would be three times higher without the US Navy’s role in keeping energy shipments moving through the Strait of Hormuz.
Speaking about the ongoing US-Israel war against Iran, Vance acknowledged that fuel prices remain high. However, he argued that the Navy’s presence helps prevent further disruption to global oil and gas supplies.
Vance Links Fuel Costs to Strait of Hormuz
Vance blamed Iran’s restrictions on shipping and attacks on tankers for the current pressure on fuel prices. He said the world had not previously faced a situation in which one country attempted to choke off global energy supplies.
“If we just left and we let the Iranians control shipping out of the Strait of Hormuz, what that would mean is you would pay a lot more for gasoline,” Vance said.
He also predicted that petrol prices would fall once the war ends. Nevertheless, his claim about prices tripling reflects his assessment of the impact of a possible disruption, rather than a confirmed price forecast.
Strategic Waterway Faces Growing Risks
The Strait of Hormuz is a key route for global energy shipments. Any prolonged disruption can affect oil markets, shipping costs and fuel prices worldwide.
Iran’s restrictions have heightened concerns among energy traders and governments. Meanwhile, attacks and reported incidents involving commercial vessels have added to uncertainty across the region.
On Sunday, the United Kingdom Maritime Trade Operations agency reported that a tugboat was struck by two unidentified projectiles northeast of Khor Fakkan in the United Arab Emirates. One person suffered minor injuries, while the damaged vessel continued its journey.
Washington Seeks to Protect Energy Supplies
The US administration has defended its naval presence as necessary to protect commercial shipping and prevent a wider energy crisis. Vance said Washington wanted Iran to make a firm commitment not to rebuild its nuclear programme. He also acknowledged that the conflict’s outcome would depend partly on Tehran’s decisions.
However, the war continues to create economic pressure, particularly through higher energy costs. The duration of the conflict and the security of shipping routes will remain important factors for global fuel markets.
For the latest updates, visit and follow The Truth International website (www.thetruthinternational.com) and subscribe to the YouTube Channel.
