Gas prices to remain high

American consumers are unlikely to see relief at the gas pump for at least another year, according to the Trump administration's top energy official.

Secretary Chris Wright stated that while prices may have peaked, the structural impact of the Iran war on global supply chains remains severe.

The national average currently sits above $4 per gallon, creating significant economic pressure ahead of the midterm elections.

Wright emphasized that the reopening of the Strait of Hormuz is contingent on a permanent peace deal, which remains elusive.