economy
March 10, 2026
Trump calls rising oil prices small price to pay for national and global security
The US president says the prices will fall soon "when the destruction of the Iran nuclear threat is over"
TL;DR
- US President Donald Trump considers rising oil prices a minor cost for security.
- He stated prices will fall quickly after the Iran nuclear threat is removed.
- Brent crude oil prices increased by nearly 20%, surpassing $111 for the first time since July 5, 2022.
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