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Trump’s call for Strait of Hormuz to remain closed could have ‘cascading effect’ on gas prices

May 18, 2026
in Market & News
Reading Time: 1 min read
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President Trump holds a healthcare affordability event at the White House as the fallout from the war with Iran drives up energy prices. NBC News correspondents Monica Alba, Yasmin Vossoughian, Courtney Kube and Brian Cheung discuss their latest reporting on the war’s effects at home and abroad.

For more context and news coverage of the most important stories of our day, click here:

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