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Trump Shrugs Off Oil Prices At $88: 'If They Rise, They Rise'—What Do Prediction Markets Say? - United States Oil Fund (ARCA:USO)

Seven major insurers pulled war-risk cover, freezing about 200 tankers in the Persian Gulf and tightening supply amid rising crude prices near $88, traders said.

Summary by Benzinga
President Donald Trump said Thursday he has “no concern” about rising gas prices as the Iran war sends crude to its highest levels in nearly two years. “If they rise, they rise,” he told Reuters. Crude oil is currently just around $88, and Polymarket’s bettors seem convinced it’s only going higher. What The Money Says The Polymarket contract for what price crude oil will hit in March has already drawn $7.75 million in volume. The $90 strike sits…
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The United States is quietly but steadily moving thousands of people across the Middle East, US President Donald Trump said in a message posted on social media. The statement received particular attention because it came after the United States carried out military strikes against Iran over the weekend, which significantly increased tensions in the region. Trump, in his own […]

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Newsmax broke the news in Washington, United States on Thursday, March 5, 2026.
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