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Trump met with oil and gas executives as Iran war drags on, prices surge

ABC News·ABC News·about 1 month ago
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As the Iran war drags on and gas prices hit their highest level in four years , the White House confirmed that President Donald Trump and some of his top administration officials met Tuesday with oil and gas executives. According to a White House official, executives discussed many topics, including "steps we could take to continue the current blockade for months if needed and minimize impact on American consumers." Trump has repeatedly said he would not end the U.S. naval blockade of the Strait of Hormuz until the Iranian regime agrees on a peace proposal that addresses their nuclear capabilities. The president told Axios on Wednesday that he rejected an offer from Iran that would end the naval blockade without a nuclear agreement. The stalemate in negotiations comes as Trump canceled a second round of talks in Pakistan this past weekend, saying he didn't "see the point" of sending his top negotiators, including special envoy Steve Witkoff and his son-in-law Jared Kushner.…

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