Big Oil to Trump: Don't let Iran control Hormuz

Big Oil to Trump: Don't let Iran control Hormuz

April 10, 2026 · 11 min

About this episode

The episode discusses the oil industry's lobbying efforts against a peace plan with Iran that could affect tolls in the Strait of Hormuz.

America’s oil industry is privately lobbying top Trump administration officials — including the president himself — to block any permanent peace plan with Iran that would leave Tehran charging tolls in the Strait of Hormuz. POLITICO’s Ben Lefebvre explains the oil industry’s short-term and long-term concerns, how the White House is responding, and why this waterway could make or break the deal. Plus, a new POLITICO survey found that Europeans want more renewable energy even if it temporarily increases their bills, and the U.S. Energy Information Administration said energy consumption in the United States will remain flat through 2050. Ben Lefebvre is the deputy energy editor at POLITICO. Nirmal Mulaikal is the co-host and executive producer of POLITICO Energy. Matt Daily is the energy editor for POLITICO. Cyril Zaneski is executive editor of POLITICO’s E&E News. Debra Kahn is the editorial director for energy and environmental coverage at POLITICO. Veronica Tejera is the deputy head of Audio/Video at POLITICO. Our theme music is by Pran Bandi. Follow the show on Apple, Spotify, Youtube and Instagram. Follow POLITICO here: ➤ X: https://x.com/politico/ ➤ Instagram: / politico ➤…

People in this episode

Host: Nirmal Mulaikal

Guest: Ben Lefebvre

Topics covered

Keywords

Mentioned in this episode

Organizations: POLITICO, U.S. Energy Information Administration, Power Switch, POLITICO Pro

Places: Iran, Strait of Hormuz, United States

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