President Trump said Thursday there is an upside to rising oil prices as a result of the war against Iran -- the U.S. will make money as a major producer.
Two weeks into the war with Iran, President Donald Trump said that he had concluded that high oil prices benefit America."The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money," the U.S. President wrote in a Truth Social post on Thursday. "BUT, of far greater interest and importance to me, as…
President Donald Trump took to Truth Social on Thursday morning to try to smooth over growing anxieties about the climbing gas prices across the U.S.The result of Trump's ongoing war in Iran has included soaring fuel costs, with oil prices jumping over $102 per barrel. Trump had tried to make Americans feel better about the problem by describing it as a…
President Trump argued the U.S. benefits when oil prices go up on Thursday amid growing concerns over the impact of Washington’s operation in Iran on energy costs. “The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money,” Trump said in…
President Donald Trump pivoted on concerns over rising oil prices, saying that it was poised to make the United States “a lot of money.” In a post on Truth Social, Trump suggested for the first time that rising oil prices were actually a good thing, as the U.S. is the world’s leading producer of oil.…
The US president says higher oil prices benefit the country as Iran war pushes petrol costs above $100 per barrelSign up for the Breaking News US email to get newsletter alerts in your inboxDonald Trump on Thursday shrugged off the economic toll the war in Iran is taking on gas prices across the United States, writing on social media that “when oil prices…
