Tuesday, June 30, 2026
World

Why it's so hard for world leaders to bring down oil and gasoline prices

From waiving the Jones Act to rerouting oil through the Red Sea, governments are doing their best to make up for the crisis in the Strait of Hormuz, but prices are still rising.

Why it's so hard for world leaders to bring down oil and gasoline prices
Image: NPR World

From waiving the Jones Act to rerouting oil through the Red Sea, governments are doing their best to make up for the crisis in the Strait of Hormuz, but prices are still rising.

(Image credit: Brandon Bell)

Originally published at NPR World

The Morning Briefing

Subscribe to our Newsletter

Be the first to receive the latest news, market analysis and updates — delivered straight to your inbox.