By Steve Holland, Jarrett Renshaw, Nandita Bose and Bo EricksonWASHINGTON, March 5 (Reuters) - President Donald Trump said on Thursday he was not concerned about rising U.S. gas prices driven by the widening Iran conflict, telling Reuters in an exclusive interview that the U.S.
The national average price of gasoline in the United States has surged to $3.262 per gallon, the highest level recorded during President Donald Trump's terms in office, due to the Iran war's impact on crude oil supplies and the shift to more expensive summer-grade gasoline.
President Trump told The Post that he has "a plan" to tackle surging oil prices caused by the war with Iran after the cost per barrel briefly neared $120 — 65% higher than the pre-war price — before settling above $100 Monday morning.
US President Donald Trump is under pressure to curb oil prices sent skyrocketing by the war with Iran, but has only limited tools to fix a problem that is
Iran war drives oil prices above $100 per barrel, pushing gas prices from $2.92 to $3.54 per gallon and threatening to raise grocery bills for Americans.
Gas prices have climbed more than 50 cents per gallon as tensions with Iran escalate under Trump’s leadership, placing Republicans in a politically familiar spot they once used to criticize President Biden.
President Trump made lowering gas prices the centerpiece of his affordability agenda. He now faces the political perils of the war with Iran, as Middle East energy infrastructure is disrupted.
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Gas prices spike as Iran war hits Americans at the pump | Since Then