Mar 6 • 05:28 UTC 🇳🇴 Norway Aftenposten

Trump dismisses high gasoline prices - approves purchase of Russian oil

President Trump expresses no concern over rising gasoline prices in the US amid military operations against Iran, suggesting they will quickly fall once the conflict is resolved.

President Donald Trump has downplayed the concern over rising gasoline prices in the United States, attributing the increase to recent military operations involving Iran. Speaking to Reuters, Trump stated that he believes prices will fall quickly once the situation calms down, highlighting that he prioritizes efforts related to the conflict over fluctuations in fuel costs. Previously, Trump has emphasized the advantage of low gas prices in his public statements, making this dismissal noteworthy as it signals a shift in his public messaging regarding inflation and economic impacts of foreign conflicts.

As the conflict in Iran escalates, global oil prices have surged by 16%, leading to an increase in the national average gasoline price by 27 cents to $3.25 per gallon, according to the American Automobile Association (AAA). Political analysts are concerned that sustained high gasoline prices could negatively affect the Republican party’s prospects in the upcoming midterm elections, where control of Congress is at stake. Analysts warn that voters are particularly sensitive to fuel prices, which could influence their support for the party.

Despite Trump's dismissive remarks, the White House is reportedly working diligently to counteract the rising fuel costs. Chief of Staff Susie Wiles has brought attention to the issue and advised that the administration's efforts need to be visible and proactive to mitigate public discontent over gas prices ahead of the elections. This complexity highlights the tension between foreign policy initiatives and domestic economic concerns, as the administration juggles its response to international crises with the need to maintain political stability at home.

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