And the closure of the Strait of Hormuz, which somehow caught the President by surprise, even though he had to have been warned, is directly contributing to the affordable crisis that Americans are facing. Energy costs are skyrocketing. With the price of gas now at its highest level in almost four years. instability has driven interest rates to its highest level since September of last year. The cost of fertilizer is spiking, which will have a direct impact on the cost of food. (01:15–01:24)
CLAIM
Asserts that gas prices are at their highest level in nearly four years.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.