The Economic Times

Iran War: JD Vance to meet with oil trade group, acknowledges 'rough road ahead' on gas prices

US Vice President JD Vance and Energy Secretary Chris Wright will meet with oil industry leaders. The administration plans to announce measures to lower gas prices. These include releasing oil from emergency reserves and easing shipping regulations. A temporary lift on anti-smog restrictions for gasoline is also expected. These actions aim to provide relief to consumers facing higher fuel costs.