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Today Explained

Today Explained

Donald Trump blames Iran for high oil prices

Today Explained · Oct 22, 2026 · 16:23

0:0016:23

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U.S. President Donald Trump has accused Iran of deliberately trying to drive up global oil prices ahead of the U.S. midterm elections, claiming Tehran is fabricating maritime attacks and mine threats despite high crude flow through the Strait of Hormuz.

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