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flag Iran's actions in the Strait of Hormuz are keeping oil prices high, despite U.S. efforts to stabilize markets.

flag U.S. energy officials, including Secretary Chris Whitten, warned that oil prices may remain high due to ongoing instability in the Strait of Hormuz, caused by Iran's military actions. flag The Trump administration has deployed naval forces, released 400 million barrels from the Strategic Petroleum Reserve, and boosted domestic production to stabilize markets. flag Despite claims of progress and a projected drop in gas prices by summer, experts caution that supply disruptions could persist for weeks, with Iran maintaining leverage over global energy flows.

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