US EditionTrump says ‘everyone’ should keep oil prices lower or they’re playing ‘into the hands of the enemy’
UNITED STATES, JUN 23 – President Trump urged U.S. energy producers to maintain low oil prices after strikes on Iran’s nuclear facilities amid fears of supply disruption through the Strait of Hormuz.
- On Monday, President Donald Trump posted on Truth Social demanding everyone keep oil prices down or they would play into the enemy's hands.
- This demand followed a weekend U.S. military bombing targeting Iran's nuclear facilities, which sparked fears of a surge in oil prices.
- Brent crude briefly jumped above $81 a barrel on Sunday before falling and trading around $77.50, while WTI rose slightly over $74 before pulling back on Monday.
- Trump posted a second message urging the Department of Energy to 'drill, baby, drill,' though the Energy Department does not directly drill for oil.
- These developments highlight ongoing market concerns about supply disruptions amid geopolitical tensions after U.S. strikes on Iran's nuclear sites.
83 Articles
83 Articles
Trump’s Truth Social Meltdown Rant Keeps Coming
Trump spent the morning posting to Truth Social about oil prices and nuclear threats. Tim and Sam discuss why the chaotic bleats could be incredibly dangerous. Leave a commentAs always: Watch, listen, and leave a comment. Bulwark+ Takes is home to short videos, livestreams, and event archives exclusively for Bulwark+ members.Don’t care for video? Use the controls on the left side of the player to toggle to audio.Add Bulwark+ Takes feed to your p…
Trump reins in oil markets with one Truth Social post
MxM News Quick Hit: President Trump on Monday warned oil producers not to raise prices in the wake of U.S. strikes on Iranian nuclear facilities, cautioning that a spike would benefit America’s enemies. “EVERYONE, KEEP OIL PRICES DOWN. I’M WATCHING!” Key Details: Trump posted on Truth Social: “YOU’RE PLAYING RIGHT INTO THE HANDS OF THE ENEMY. DON’T DO IT!” Oil prices fell after the post, with Brent Crude and West Texas Intermediate both slippi…
Trump exhorts U.S. to drill oil, gas after Iran attacks | Honolulu Star-Advertiser
President Donald Trump urged his administration on Monday to boost drilling rates and market players to keep oil prices down amid fears that the aftermath of the U.S. attacks on Iran’s nuclear facilities could cause energy prices to spike.
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