CNN Anchor Laughs at Trump Claim That Fox ‘Misquoted’ Him in Live Interview

Key Points:

• President Donald Trump claimed he was misquoted about gas prices potentially rising by the midterm elections, despite admitting in a live Fox Business interview that prices could be higher due to the conflict with Iran.
• CNN anchor John Berman laughed at Trump's assertion of being misquoted, highlighting that the statement was made during an on-air interview with the same Fox host, Maria Bartiromo.
• Republican Rep. Pete Sessions acknowledged the ongoing tensions with Iran, noting that unresolved issues, including the blockade of the Strait of Hormuz, are likely to keep oil prices elevated.
• The blockade of the Strait of Hormuz has pushed Brent crude prices above $100 per barrel and U.S. gas prices to an average of $4.16, contributing to a 3.3% inflation increase compared to last year.
• The White House emphasized efforts to mitigate short-term economic disruptions from the conflict, while Congressional Republicans express concern that Trump's handling of the war and its economic impact could hurt their midterm election prospects.