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Trump on gas prices: Americans should expect to pay more 'for a little while'
Gas prices have risen more than 30% since the war began, and a majority of Americans expect the higher costs to last at least six months, AAA said.
- On Thursday, President Donald Trump told reporters that Americans should expect higher gas prices "for a little while" amid the Iran war disrupting global energy supplies.
- The conflict has brought traffic through the Strait chokepoint for about 20% of global oil and liquefied natural gas shipments close to a standstill, disrupting energy flows worldwide.
- Global energy prices have risen steadily since late February, when Israeli and Iranian forces exchanged strikes across the region, killing thousands and displacing millions amid the fragile ceasefire.
- Rising fuel costs present a significant political risk for the Republican Party, which holds majorities in Congress, ahead of November elections when voters will decide control of both chambers.
- Trump has downplayed concerns, suggesting Americans may face elevated prices until November, even as household transportation costs rise and inflationary pressure mounts across consumer sectors nationwide.
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Trump Says High Oil Prices Worth It to Prevent ‘Nuclear Holocaust In Europe’
President Donald Trump was pressed in the Oval Office on Thursday about gas prices after he said he once worried they could go as high as $200 a barrel due to the war in Iran. A reporter asked if Trump would be willing to accept $200 oil in order to continue the war. “I think that there’s nothing worse than a nuclear weapon that takes out one of your cities, or two of your cities, or three. I think there’s something worse than the nuclear weapon…
·United States
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Total News Sources9
Leaning Left2Leaning Right1Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
Factuality
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