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Trump on rising gas prices during Iran operation: 'If they rise, they rise'

Trump prioritizes military goals over a gas price surge, with prices rising 27 cents last week to $3.25 per gallon, while ruling out tapping the Strategic Petroleum Reserve for now.

  • On March 3, President Donald Trump told Reuters, `I don't have any concern `about it,' when asked about higher gas prices during the Iran conflict.
  • The widening Iran conflict since U.S. and Israeli strikes started on Feb. 28 has disrupted Middle East supplies, causing nearly 20 million barrels to transit the Strait of Hormuz daily, and driving oil prices up 16%.
  • AAA reported the national average rose to $3.25 per gallon, up nearly 27 cents since last week, while GasBuddy found diesel at $4.124, up $0.37 in one week, on March 5.
  • Ruling out the SPR, White House officials said the administration is offering war-risk insurance and potential U.S. Navy escorts to protect tankers, while advisers warned interventions could rattle markets.
  • Political analysts warn rising gas prices could hurt Republicans in the November elections as online critics and former officials react to Trump's dismissive comments and House Speaker Mike Johnson's stance.
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The HillThe Hill
+5 Reposted by 5 other sources
Center

These US metros saw the great spike in gas prices this week

Gas prices continued to skyrocket this week as the war in Iran created havoc in the oil sector, but a handful of U.S. cities saw larger-than-average price increases.

·Washington, United States
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Forbes France broke the news in on Thursday, March 5, 2026.
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