From cheering low gas cost to taking pride 'when oil prices go up': Donald Trump’s evolving stance

President Trump's stance on rising oil prices has shifted, now framing them as beneficial for the US as a major oil producer. This change follows strikes against Iran, which triggered a surge in global oil and petrol prices, impacting the Strait of Hormuz. The administration is grappling with economic consequences and political considerations ahead of midterm elections.

Mar 13, 2026 - 16:30
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From cheering low gas cost to taking pride 'when oil prices go up': Donald Trump’s evolving stance
President Trump's stance on rising oil prices has shifted, now framing them as beneficial for the US as a major oil producer. This change follows strikes against Iran, which triggered a surge in global oil and petrol prices, impacting the Strait of Hormuz. The administration is grappling with economic consequences and political considerations ahead of midterm elections.

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