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Republicans cautious on energy prices despite ceasefire

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In the day following President Donald Trump’s announcement of a two-week ceasefire with Iran, dozens of congressional Republicans released statements of support for the administration’s peace negotiations.

But the lawmakers largely steered clear of one major topic: oil.

Crude prices tumbled following Trump’s Tuesday night announcement that the Strait of Hormuz would reopen as part of the ceasefire agreement. It’s what many Republicans were hoping for heading into the midterm elections.

But despite the ceasefire, it’s unclear when international oil shipments will return to normal through the Strait of Hormuz, and there’s alarm about Iran gaining more power over a waterway that carries roughly 20 percent of the world’s oil traffic.

“This is an important step toward ending the conflict, but we need to remain vigilant,” said Sen. John Hoeven (R-N.D.), a member of the Energy and Natural Resources Committee. “We must maintain pressure on Iran to follow through on its commitment to re-open the Strait of Hormuz and agree to a deal that achieves our objectives.”

Indeed, Iran state media reported Wednesday that the country would move to close the strait again if Israel kept bombing targets in Lebanon. The White House said Lebanon was not part of the ceasefire and downplayed the closure threat.

Still, the president has appeared open to Iran keeping some influence over the strait and charging ships for crossing. That’s something causing alarm with industry leaders.

“The supposed negotiating document, in my view, has some troubling aspects, but time will tell. I look forward to the architects of this proposal, the Vice President and others, coming forward to Congress and explaining how a negotiated deal meets our national security objectives in Iran,” Sen. Lindsey Graham (R-S.C.), long an Iran hawk, wrote on X about initial reports on the ceasefire deal.

Other Republican were less specific in their response. Energy and Natural Resources Chair Mike Lee (R-Utah) wrote on social media that the ceasefire was “excellent news.” But he did not weigh in on the oil price declines Wednesday or lingering concerns about energy markets, and his office did not respond to request for comment.

On the House side, Energy and Commerce Chair Brett Guthrie (R-Ky.) similarly kept his ceasefire comments focused on military objectives, rather than the energy ramifications of the conflict.

“I pray that the end of hostilities will be lasting, that the Iranian regime permanently ends their nuclear ambitions, and stops their spread of terror once and for all,” Guthrie wrote.

Sen. Kevin Cramer (R-N.D.), another outspoken Republican on energy issues, took a tone of caution while celebrating the ceasefire agreement. “We have to keep our eyes wide open obviously, it’s not like the Iranian regime is good for keeping its word, but in my mind, this is a pretty good breakthrough,” he said in a statement.

Rep. Andy Biggs (R-Ariz.) was one of the only GOP lawmakers to comment about energy and Iran on Wednesday. But rather than calling attention to plummeting oil prices, he instead made an argument for American energy independence.

The president and his allies have been touting their support for more U.S. fossil fuel production as an insurance policy against global disruptions, even though average gasoline prices spiked from $3.25 a year ago to more than $4.

“If the past two months have taught us anything, it’s that we can’t put a price tag on American energy independence and dominance,” Biggs wrote on social media.

Democrats keep up attacks

Senate Minority Leader Chuck Schumer (D-N.Y.) said the Middle East ceasefire would do little to help consumers.

The ceasefire announcement and drop in oil prices didn’t blunt the Democrats’ campaign that the administration’s war — and other policies — are hurting American consumers.

Minority Leader Chuck Schumer highlighted the continued volatility in the Strait of Hormuz during a press conference Wednesday and said he didn’t expect prices at the pump to ease anytime soon.

“At home here, American families have paid the price for this war. Gas prices have skyrocketed in just a matter of days. They’re not going to change until August. And in general, the world oil markets will be unsettled for years,” Schumer said.

House Energy and Commerce ranking member Frank Pallone (D-N.J.) said, “Even though there’s now a ceasefire, the oil supply chain has unfortunately been disrupted — and may be for a long time.”

Iran’s control over Strait of Hormuz traffic — something it didn’t have before — is also giving Democrats ammunition against the president’s decision to join Israel in attacking Iran.

“A waterway that was free to the world is now a toll booth that Iran controls,” wrote Rep. Mike Levin (D-Calif.) on social media. “Every barrel of oil that gets taxed on the way through raises prices for American families”

Andres Picon contributed to this report.

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World Cup fuels ticketing reform demands

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Demands are growing for a political reckoning over ticket scams at the World Cup — and beyond.

The National Independent Venue Association and Fan Alliance, organizations representing and advocating for entertainment venues and artists respectively, sent a joint letter to Congress on Thursday, calling on lawmakers to ban speculative and ghost tickets, cases where resellers flog tickets they don’t actually have.

The letter — addressed to Speaker Mike Johnson, Senate Majority Leader John Thune, House Democratic Leader Hakeem Jeffries and Senate Democratic Leader Chuck Schumer — includes nearly two dozen accounts of fans who say they were scammed out of thousands of dollars trying to get tickets to the World Cup, which began last week. The groups are also asking fans to share their own stories with elected officials via the Fix the Tix Fan Action Center that launched last week.

“Every one of these stories erodes the public’s faith that consumers should and will be protected from fraud,” NIVA Executive Director Stephen Parker and Fan Alliance founder Donald Cohen wrote. “We urge Congress to work with us to prevent fraud like this in the future and finally enact ticket resale consumer protections that will protect Americans and ensure affordability.”

The letter flagged fans like Dacy Gillespie, who bought World Cup tickets for her sons on Christmas, only to learn on match day — months later — that the seller couldn’t deliver them. And Skylie Shore, who Parker and Cohen said spent well over $6,000 on tickets to the Scotland-Haiti match on June 13, but was forced to wait outside the stadium because she couldn’t access them as fans marched in on gameday.

“These examples reveal a consistent pattern: consumer deception, speculative ticket sales, and broken-hearted American families at the hands of resale ticketing companies like StubHub,” Parker and Cohen wrote.

In a statement, StubHub spokesperson Jack Sterne said that the platform does not allow speculative ticket sales, and blamed FIFA for users’ difficulty in accessing their tickets.

“We understand that attending the World Cup represents a significant investment in time and money, and we take our responsibility to every fan who books through our platform seriously,” Sterne said in a statement. “Many of the issues fans are facing trace back to the event organizer’s technology infrastructure, newly announced transfer restrictions, and a new app that was launched just a month ago.”

In response, FIFA said in a statement that the organization “can guarantee the validity and delivery of tickets purchased through its official platforms” and that FIFA.com/tickets “is the official ticket sales channel” for the tournament.

NIVA and Fan Alliance are urging congressional leadership to place universal price-gouging limits on ticket resale, enact stringent fines on perpetrators and a violation-reporting mechanism for ticket scams, and require secondary ticketing platforms to produce data on ticket fulfillment and consumer complaints.

The groups are not the only ones monitoring for evidence of shady ticket practices. Missouri Attorney General Catherine Hanaway issued a consumer guidance in advance of the tournament, urging match-goers to beware of fraud and promising to hold offenders accountable. And the FBI in May put out a public service announcement, warning fans against purchasing tickets on copycat websites modeled on FIFA’s.

“With the World Cup coming to Kansas City, excitement is high and, unfortunately, so is the potential for fraud,” Hanaway said in her statement. “Missourians should be able to enjoy this once-in-a-generation event without fear of being deceived. My office will hold accountable anyone who seeks to exploit our families, and we stand ready to assist anyone who encounters suspicious activity.”

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White House scheduled to meet with groups on AI and kids’ safety bills

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Senate Armed Services chair slams Iran peace deal

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Senate Armed Services chair slams Iran peace deal

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