Trump: Oil Price Hike Due to Ukrainian Strikes on Russia, Not Middle East War
US President Donald Trump believes the rise in oil prices is caused by Ukrainian strikes on Russian refineries, not the war in the Middle East.
Translated by Qiyas from الجريدة — Original source
Washington (United States), October 5, 2026 (AFP) – U.S. President Donald Trump attributed the current rise in oil prices to Ukraine’s strikes on refineries in Russia, rather than to the war in the Middle East or Iran’s disruption of shipping in the Strait of Hormuz.
Trump said, “The Strait of Hormuz is no longer what’s driving up diesel prices, because record numbers of barrels are currently being shipped out almost daily. Rather, it’s the refineries that are driving up prices, and Ukraine is bombing those belonging to Russia,” in reference to Kyiv’s long-range attacks on Russian oil facilities.
The surge in gasoline and diesel prices since the start of the U.S.-Israeli war against Iran in late February has been a major source of discontent among American voters, who are scheduled to participate in the midterm elections in early November.
Polls suggest that Trump’s Republican Party, which controls both chambers of Congress, may lose its majority in at least the House of Representatives.
This is not the first time Trump has blamed Ukrainian strikes on Russian oil facilities for rising energy prices. Meanwhile, the U.S. president has not commented on the recent escalation of Russian bombing in Ukraine, including attacks on infrastructure in Kyiv.
