Oil Prices Top $100 A Barrel, Trump Says It’s a Short-Term Blip
Government
President Donald Trump says surging gasoline prices are a “very small price to pay” as the Iran war roils global energy markets, sending crude oil prices surging above $100 a barrel for the first time since Russia’s 2022 invasion of Ukraine. The conflict has severely disrupted oil flows through the Strait of Hormuz , a key global trade route, increasing prices at the U.S. gas pump and threatening to undercut Trump’s economic agenda ahead of the November midterms. Read More: Gas Prices Surge in
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