A Trump administration official stated on Thursday that the White House is not considering imposing restrictions on oil and natural gas exports. This announcement came shortly after U.S. Vice President JD Vance met with oil industry executives.

The official emphasized, "There is no consideration of restrictions on oil and gas exports."

The meeting, held at the American Petroleum Institute, took place as President Donald Trump faces significant political pressure due to rising fuel prices amid the Iran conflict.

The outcome of the November midterm elections is expected to hinge largely on public perception of living costs, with polls indicating dissatisfaction with Trump's handling of economic issues. According to AAA data, the national average gasoline price rose to $3.88 per gallon on Thursday, nearly a dollar higher than before the conflict began a month ago.

Experts warn that banning oil exports could disrupt global markets, harm shale drilling activities, and ultimately provide little relief to American drivers. In 2015, Congress lifted a 40-year-old ban on crude oil exports, a move that reshaped global oil flows, altered geopolitical dynamics, and impacted the broader economy. The U.S. is now the world's largest oil producer, exporting crude to over 50 countries and often surpassing the export volumes of all OPEC members except Saudi Arabia.