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Lucknow, India

Trump In Panic Blames Iran's 'Fake Hits In Hormuz' As Soaring Oil Prices Leave World In Shock

Published 23 October 2026 Β· finance

US President Donald Trump has accused Iran of fabricating reports of attacks on oil tankers and naval mines in the Strait of Hormuz to drive

US President Donald Trump has accused Iran of fabricating reports of attacks on oil tankers and naval mines in the Strait of Hormuz to drive up global oil prices ahead of the November midterm elections. In a Truth Social post on Thursday, Trump claimed Tehran was attempting to push oil prices higher despite what he described as increased oil shipments through the strategic waterway.

The allegations come amid heightened tensions over the Strait of Hormuz, a critical route for global energy supplies. Trump's claims have not been independently verified. Watch the latest developments in the US-Iran standoff and the battle over oil prices. Times Now - Times Now News channel examines news with in-depth analysis.

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