The New Republic

Trump Causes Worldwide Panic Over Surging Oil Prices

Mar 9, 2026Left

The American and Israeli war on Iran is causing oil prices to skyrocket, fueling alarm around the world. Finance ministers from the Group of Seven, a collection of the world’s seven wealthiest nations, plan to meet on Monday to discuss a possible joint release of their emergency oil reserves in an effort to lower prices, Reuters reports. South Korea also…

Read Full Story at Source

Compare coverage

2 related stories from other outlets

Watch live: Trump holds news conference amid Iran conflict, surging oil prices

The Hill

Mar 9, 2026

Good Match

Watch live: Trump holds news conference amid Iran conflict, surging oil prices

President Trump is scheduled to conduct a news conference Monday afternoon, with the U.S.-Israeli military operation in Iran in its second week. “Many important meetings and phone calls taking place today while I am at Trump National Doral, in Miami,” the president said in a Truth Social post Monday afternoon. “Additionally, I will be going…

Center

Read →

The Washington Times stories: Politics

Mar 9, 2026

Good Match

Trump: High oil prices, surging to over $100 a barrel, are 'small price to pay' as he wages Iran war

President Trump says surging oil prices are a short-term problem and a worthwhile sacrifice as the war in Iran causes supply concerns in energy markets.

Center Right

Read →