Live updates: Trump calls oil price surge ‘small price to pay’ as Iran names new leader

Source: The Hill News · Bias: Center

Summary

Oil prices surged overnight Monday, settling near $100 a barrel as the conflict with Iran shows no signs of slowing down. Energy Secretary Chris Wright on Sunday downplayed concerns about the Strait of Hormuz’s closure and its effect on energy prices. President Trump called it a “very small price to pay” for “peace” in a social media…

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Live updates: Trump calls oil price surge ‘small price to pay’ as Iran names new leader
The Hill News

Live updates: Trump calls oil price surge ‘small price to pay’ as Iran names new leader

Center

Oil prices surged overnight Monday, settling near $100 a barrel as the conflict with Iran shows no signs of slowing down. Energy Secretary Chris Wright on Sunday downplayed concerns about the Strait of Hormuz’s closure and its effect on energy prices. President Trump called it a “very small price to pay” for “peace” in a social media…