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.
59 Articles
59 Articles
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Elizabeth Warren Slams Trump For Rising Gas Prices As Strait Of Hormuz Crisis Threatens Global Oil Supply: 'Broken His Promises'
On Friday, Sen. Elizabeth Warren (D-Mass.) warned that escalating tensions involving Iran could push gas prices higher for U.S. citizens already struggling with the rising cost of living. Warren Criticizes Trump Over Iran Conflict Warren accused Donald Trump of worsening financial pressure on U.S. households as geopolitical tensions threaten global oil supplies. Taking to X, the Massachusetts Democrat said everyday expenses are already straining…
'Without being asked' Trump suggests another war is coming
President Trump told CNN's Dana Bash that he rates the Iran war 12-15 out of 10, claiming U.S. military performance exceeded anyone's dreams. Trump unprompted pivoted to Cuba, asserting it will "fall pretty soon" and that Secretary of State Marco Rubio will facilitate negotiations. Trump downplayed rising gas prices, insisting they will drop to "record lows" as he claims to have already resolved the Strait of Hormuz by destroying 25 Iranian ship…
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