As the national average for a gallon of gasoline continues its upward climb, Donald Trump is dismissing concerns over the economic fallout from the ongoing conflict in the Middle East.
On Sunday, Trump took to Truth Social to address the energy crisis triggered by Operation Epic Fury, characterizing the surge in fuel costs as a temporary necessity for long-term peace.
The impact at the pump has been immediate. According to the American Automobile Association (AAA), the national average for regular gasoline hit $3.48 per gallon this week, following a sharp 23 cent jump from the previous week’s average. Trump has also appeared unfazed by the rising cost of fuel. Addressing the issue during the ongoing Iran operation, he told Reuters, “If they rise, they rise,” when asked about the possibility of gas prices climbing further.
Global markets have been equally volatile; Brent crude oil spiked to nearly $120 per barrel before settling closer to $106.23 as the military operation entered its second week.
The primary driver of the spike is the near-total halt of shipping through the Strait of Hormuz. This vital maritime artery handles approximately 20% of the world’s daily oil supply, and its closure has sparked fears of a prolonged energy shortage. Despite these pressures, Trump remains firm that the objective justifies the cost.
Short term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Safety and Peace,” Trump posted on his social media platform. He doubled down on his stance, adding, “ONLY FOOLS WOULD THINK DIFFERENTLY!”
While economists warn that a sustained closure of the Strait could push prices significantly higher, Trump’s messaging suggests a swift market correction once the military objectives are met.
For now, American drivers are left navigating a rapidly changing market as the geopolitical landscape shifts by the hour.
