Trump news at a glance: president shrugs off highest gas prices in years
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The Bottom Line
Gas prices hit $3.60 per gallon following US-Israel military operation against Iran.
How This Affects You
You're paying the highest gas prices in years at $3.60 per gallon nationwide.
AI Summary
Donald Trump dismissed concerns about rising gas prices on Thursday, writing on social media that "when oil prices go up, we make a lot of money" as the average gallon hit $3.60 according to the American Automobile Association. The price spike followed the beginning of a US-Israel military operation against Iran, marking the largest increase since Russia's 2022 invasion of Ukraine.
What's Being Done
Trump dismissed concerns about rising gas prices, citing US oil revenue benefits.
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‘I don’t give a shit about Iran. I don’t want to pay higher gas’: Motor City motorists feel pinch as gas prices surge
Oil Prices Rise Despite Trump’s Decision to Lift Russia Sanctions - The New York Times
Trump administration allows for Russian oil sales as energy prices soar - The Washington Post
This article is part of a story we're tracking:
Trump's Influence on US Politics and Foreign Policy
Former President Donald Trump continues to exert significant influence on US politics, from taunting foreign leaders and shaping primary elections to making controversial statements on immigration and foreign policy, including his stance on the ongoing Iran conflict.
Trump's Influence on US Politics and Elections
Former President Donald Trump continues to exert significant influence over US politics, from taunting political rivals and making policy demands to impacting primary elections and facing legal challenges. His statements and actions are shaping ongoing debates and future electoral contests.
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<p>Americans are growing increasingly concerned with <a href="https://www.axios.com/2026/03/06/oil-gasoline-prices-trump-hormuz-russia" target="_blank">rising gas prices</a>, and about half are blaming President Trump, per flash polling conducted Wednesday night by Morning Consult and shared with Axios.</p><p><strong>Why it matters: </strong>The spike in oil prices caused by the war is fast becoming a political liability for the White House — and threatening economic growth in the U.S.</p><hr><p><strong>By the numbers:</strong> 74% of Americans say gas prices have increased this year, per the survey.</p><ul><li>That's up 30 points from six weeks ago, the last time the polling firm surveyed on this question. </li><li>Morning Consult surveyed 1,002 U.S. adults online, and weighted the data to reflect demographics. There's a margin of error of ±3 percentage points.</li></ul><p><strong>Friction point: </strong>When asked who is most responsible for current gas prices, 48% said the presi...
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Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
PoliticsTrump dismisses soaring gas prices as 'a little glitch' of Iran war
President Trump is dismissing skyrocketing gas prices as Americans start to feel the economic ripple effects of his war with Iran.
PoliticsTrump once bragged about low gas prices. The Iran conflict has him doing an about-face - AP News
<a href="https://news.google.com/rss/articles/CBMiiAFBVV95cUxOakY4Tm80Ry1wdTczQlBkUmtPYkR3cUQ3UVVDZWdadVJMVU1tZDZRMlVEYlFEY3pEdWNQajRYM3N0N0dWc2xObHNQaTVVUWVhcTA2VmJFNVk1YzlEeXR4ZTA1MXY1dnNkOTVtc1ZjYWJ4SmR4cVRlMmZwSWxPQXplRWlCRnktLVNj?oc=5" target="_blank">Trump once bragged about low gas prices. The Iran conflict has him doing an about-face</a> <font color="#6f6f6f">AP News</font>
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PoliticsTrump a lot more concern about how war and oil prices will affect midterms
Since the war has started, fourteen ships have been hit in the Strait of Hormuz, as Iran vows to carry out an 'oil blockade'. Although oil prices have gone down after sharply increasing, concern remains. French President Emmanuel Macron is calling on G7 leaders to work together to reestablish 'freedom of navigation' in the region as soon as possible. FRANCE 24's Philip Turle looks at the politics of this crisis, and the US strategy.
Judge blocks Trump administration's subpoenas against Fed Chair Powell
A federal judge blocked two grand jury subpoenas against Federal Reserve Chair Jerome Powell on Friday. Chief Judge James Boasberg wrote that "the Government has offered no evidence whatsoever that Powell committed any crime other than displeasing the President."
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