Duffy: Energy prices will drop ‘once the Strait opens’

Transportation Secretary Sean Duffy stated on Sunday that energy prices will decline once the Strait of Hormuz reopens, though he acknowledged his expertise is in transportation rather than energy policy. The article presents Duffy's remarks from briefings he has received, but the provided excerpt lacks specific details about timing, magnitude of expected price drops, or the underlying analysis supporting his claim—limiting substantive depth. Multiple outlets (ABC News, Benzinga, Yahoo News) corroborate that Duffy made these statements and reported his projection of "immediate relief" on gas prices, though none of the search results provide independent verification of the economic assumptions behind his forecast. Critical readers should monitor: (1) actual price movements if and when the Strait reopens, (2) whether the "immediate relief" Duffy projected materializes, and (3) any further statements from energy sector officials (not just DOT) on the realistic timeline and magnitude of price reductions.