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

2026-03-13 - 10:03

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.