On Thursday, Donald Trump seemed unconcerned about the impact of the Iran war on gas prices in the US. He stated on social media that when oil prices rise, the US makes a lot of money. This comes as the American Automobile Association reported that the average price for a gallon of gas reached $3.60, following the US-Israel military action against Iran, causing the largest price increase since Russia’s invasion of Ukraine in 2022.
Gas prices have soared alongside the price of crude oil, which surpassed $100 per barrel as Iran targeted oil facilities across the Middle East. This happened despite the release of global petroleum reserves meant to stabilize the markets.
‘We make a lot of money’: Trump downplays rise in gas prices during Iran war
“The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money,†the president wrote on Truth Social.
However, the surge in gas prices presents a political challenge for Trump as primaries are underway ahead of the November midterm elections, where his Republican allies will defend their slim majorities in Congress.
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Pentagon tells lawmakers Iran war costs top $11.3bn – but true price unknown
In a closed-door briefing, Pentagon officials revealed to top lawmakers that the cost of the war with Iran has surpassed $11.3 billion in the first six days. However, the actual cost is likely much higher during the initial days of the conflict, according to sources familiar with the matter.
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Rescue effort under way as US military refueling plane crashes in Iraq
A US military refueling plane carrying at least five individuals crashed in western Iraq. US Central Command stated that another aircraft was involved in the incident, but it was not caused by hostile or friendly fire.
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Trump-endorsed Republican in Louisiana accused of rape in 2007
A Louisiana congressional candidate endorsed by Trump faced a rape allegation in 2007. The accusation against Blake Miguez, described as a ‘live-in ex-boyfriend’ by the accuser, was not publicly disclosed at the time. Miguez’s campaign denied the claims, calling them categorically false.
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Eswatini says it received more ‘third country’ deportees in Trump administration deal
The Eswatini government reported receiving four additional ‘third country’ deportees from the US, as part of a multimillion-dollar deal with the Trump administration. This brings the total number of deportees sent to Eswatini from the US to 19, originating from various other nations.
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Trump says Iran should not play in World Cup for their ‘life and safety’
Trump suggested that Iran should not compete in the upcoming World Cup in North America, just days after indicating that they would be welcomed by Fifa despite the ongoing war in the Middle East.
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‘America’s mortal enemy’: Pete Hegseth expressed extreme antipathy toward Iran for years
The US defense secretary, Pete Hegseth, has exhibited strong animosity towards Iran for several years through various mediums such as books, Fox News appearances, educational videos, and speeches. He has shown a deep hostility towards Iran in these platforms.
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What else happened today:
Catching up? Here’s what happened Wednesday 11 March.
