White House blames refinery issues for rising US gasoline prices

On Monday, the White House said refinery disruptions—not the Strait of Hormuz—are behind the rise in US gasoline prices. It made the disclosure on its official X account. The statement pointed to Russian refineries hit by Ukraine and closures in Democratic-led US states, while noting record oil volumes still flow through the Strait of Hormuz.

Global benchmarks show WTI at $89 and Brent at $100 per barrel.

For Nigerians, this matters because local pump prices already sit between N1,370 and N1,410 per litre in Abuja, and Nigeria relies on imported refined petrol. Any tightening of global supply from US refinery issues could push international crude higher, further pressuring domestic fuel costs and the naira.

What should you know? Keep an eye on global oil benchmarks; expect possible petrol price adjustments if US refinery problems persist. Consider fuel‑saving habits—combining trips, using public transport where available—and stay informed about any official pump price announcements.

SOURCE: https://dailypost.ng/2026/10/06/white-house-reveals-real-reason-behind-rising-us-gasoline-prices/