Trump says high oil prices are beneficial amid previous low gas price boast

March 13, 2026 • Google News World

US President Donald Trump has made a statement suggesting that high oil prices are a positive development. This comes after he previously bragged about low gas prices in the past month.

The US has eased sanctions on Russia, which is believed to be contributing to increased energy prices globally. The move was made as tensions between the US and Iran escalated, leading to an increase in energy costs.

Trump recently stated that the country makes a significant amount of money from rising oil prices. This statement has been met with criticism from lawmakers, who are concerned about the impact on consumers.

The easing of sanctions on Russia is seen as a response to the increased tensions between the US and Iran. The move aims to reduce energy costs and stabilize global markets.

Trump’s comments on high oil prices have sparked controversy, with some lawmakers expressing their disapproval. The statement has also raised questions about the country’s stance on energy policy and its relationship with other nations.

Source: Google News World