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Hassett Briefs Reporters on Hormuz Oil Flows and Gas Prices, Oct. 2, 2026

October 2, 2026 · Roll Call Factbase Videos · 0:04:09

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What happened

National Economic Council Director Kevin Hassett spoke to reporters outside the White House on October 2, 2026, in Roll Call Factbase Videos’ recording. Asked when oil flowing through the Strait of Hormuz again would translate into lower prices at the pump — with a reporter citing AAA’s $4.39-a-gallon figure — Hassett said the Navy had secured the straits, that the same amount of oil was moving through as before the actions except for Iranian oil, which he said was not moving at all, and that the flow had picked up a few weeks earlier, so relief should be ‘really almost immediate’ at the pump, as he stated it.

On diesel, Hassett said the administration had been talking with its European allies about releasing more from their reserves and expected room for positive news.

Why it matters

The gaggle is the NEC director’s on-record price-relief timeline at the peak of the 2026 energy shock: oil moving, Iranian barrels stopped, and pump relief promised as a matter of weeks, not months.

Scoreboard watch

Scoreboard watch: Hassett’s October 2, 2026 gas-price relief timeline as stated — flagged for the scoreboard editors; the entry itself remains review-gated.

Sources: Roll Call Factbase Videos, ‘Press Briefing: Kevin Hassett Speaks to Reporters Outside the White House — October 2, 2026,’ October 2, 2026 (video I1u5mL9EKOI); transcript via Supadata (private research store, paraphrased and attributed, never republished verbatim).