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Iran’s parliament speaker hints it can swing US gas prices via shipping choke points
International
Published on 27 April 2026
A “math equation” claim links Iran leverage to US demand
Iran’s parliament speaker Mohammad Bagher Ghalibaf said Tehran holds leverage over US oil demand, framing it through a cryptic supply-demand equation. He warned that disruptions to major routes such as the Strait of Hormuz could push up US gas prices, particularly in summer peak demand, with the potential to influence voters ahead of upcoming elections.
- Ghalibaf claims Iran can affect US oil and gas demand
- He framed leverage using a supply and demand equation
- Shipping disruption risks were linked to the Strait of Hormuz
- Summer price pressure could intersect with election timing
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times