Causes of Gasoline Price Hikes: Refineries and Politics

Donald Trump stated that the rise in gasoline prices is no longer linked to the Strait of Hormuz, through which record volumes of oil pass. The main drivers of fuel price hikes have become problems in the oil refining sector.

Ukraine Attacks Russian Plants, While Some US Refineries Close for Political Reasons

Experts note that the current situation is shaped by two factors: the military conflict and domestic politics. Strikes on Russian infrastructure reduce supply, while the closure of plants in American states exacerbates the shortage.

Among the states where part of the processing capacity was halted by local authorities' orders, California stands out. This decision by Democrats led to a reduction in local fuel production and an increased dependence on imports.

The Impact of Geopolitics and Regulation on Energy Prices

Analysis of the situation shows that logistics routes remain stable, but production capacities are under pressure from both military actions and regulatory restrictions in key consumption regions.