Trump Seeks to Calm Oil and Gas Markets but Says Iran War Will Go On
Quick Insights
The Bottom Line
President Trump affirmed the U.S. will continue its conflict with Iran and may escort tankers through the Strait of Hormuz.
How This Affects You
Continued conflict in the Middle East could lead to higher global oil prices, potentially increasing your gas costs.
AI Summary
President Trump stated the U.S. could escort tankers through the Strait of Hormuz to maintain oil flow, aiming to stabilize energy markets amidst ongoing conflict. He affirmed that the war with Iran would continue, despite claiming initial successes. The President remarked, "We've already won in many ways, but we haven't won enough." This declaration signals a continued assertive stance in the region, impacting global oil prices and international shipping security. The administration's actions will be closely watched for their effects on Middle East stability and energy supply.
What's Being Done
President Trump stated the U.S. could escort tankers through the Strait of Hormuz and affirmed the war with Iran would continue.
Source Coverage Map
7 of 43 tracked sources covered this story
Following this story?
Get notified when new coverage appears
Other Sources Covering This Story
5 sourcesMultiple outlets have reported on this story. Compare perspectives from different sources.
This article is part of a story we're tracking:
Should this be getting more attention?
You Might Have Missed
Related stories from different sources and perspectives
PoliticsScoop: Trump eases Venezuela sanctions on oil, fertilizer to blunt Iran war costs
<p>The Treasury Department made it easier Friday for U.S. businesses and farmers to buy Venezuelan fertilizer and oil as their prices rise because of the <a href="https://www.axios.com/world/iran" target="_blank">Iran war,</a> Axios has learned.</p><p><strong>Why it matters</strong>: The bottleneck of tankers in the Persian Gulf because of Iranian attacks has caused the costs of oil and fertilizer, a petrochemical product, to jump. It threatens to spike inflation and raise the <a href="https://www.dw.com/en/iran-us-israel-war-food-crisis-prices-fertilizer-energy-costs-inflation/a-76286348" target="_blank">cost </a>of food in the U.S.</p><hr><ul><li>By reducing sanctions on oil-rich Venezuela, <a href="https://www.axios.com/2026/03/13/iran-war-trump-officials-ship-escorts-hormuz-strait" target="_blank">Treasury Secretary Scott Bessent</a> hopes to increase supplies in the U.S. and lower prices.</li></ul><p><strong>Zoom in:</strong> The Office of Foreign Assets Control, which manages ...
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.
GlobalIran war puts at risk key pipelines, terminals and refineries that supply the world with oil and gas - AP News
<a href="https://news.google.com/rss/articles/CBMipwFBVV95cUxQdUdYamNCcWdEdDNoTDBCU0wwOFZOVENDZmdZMUxtbzRFQnFJVERBb3lRa20ydmZhenVEcG5qajh0d0F0VF9Ja0x1c0hXOThhMFB4QXk0R0FTT1pkblh0MjJEMVBwYmZHYVNqM010UWo4dkx6NkVoZU1xX19DSURxcjQyQllxZGFUZG15MnJUTFZxbGkwMnBxVm5ReTdvd2wxVEc5Nk5Ccw?oc=5" target="_blank">Iran war puts at risk key pipelines, terminals and refineries that supply the world with oil and gas</a> <font color="#6f6f6f">AP News</font>
PoliticsExclusive: Trump reviews options to curb energy prices as Iran strikes roil markets - Reuters
<a href="https://news.google.com/rss/articles/CBMiugFBVV95cUxQT0Z5U1Z0Tkp2RmVmdGlWMWRuVm5GaXdER25ZdnA3X0V5eHBZTlI2YlhWWmlDME9mblVaV2JZNFh5QVJiTDAxRlpMNWRqbUNWLXN0V0pJUTB4NWEtX3V2Q3hYN0hoSDFkOVQ5MzlFVm5fbnBoZ3lZNkVsRElDVk8tcU9wdktDb2xfRzlpc1F1bU5kU1R1bjZQZkNWSGdwZjRiem9LU0JhMlUzSnYxM1pzZVlRQko3Z2FBa3c?oc=5" target="_blank">Exclusive: Trump reviews options to curb energy prices as Iran strikes roil markets</a> <font color="#6f6f6f">Reuters</font>
PoliticsTrump raises Democratic attacks by downplaying high fuel prices sparked by Iran war
President Trump is downplaying concerns about rising gas and oil prices that have been badly exacerbated by the war in Iran. Both the president and members of his Cabinet have described rising prices as a “small price to pay” to achieve their goals in Iran. Trump also argued that rising prices are good for the…
GlobalWATCH LIVE: Trump holds news conference to answer questions about Iran
President Donald Trump is expected to provide an update on Iran and answer questions from reporters before he leaves Florida on Monday. He said it would begin at approximately 5:30 p.m. EDT — after markets close and with concerns rising about high oil and gasoline prices because of the war.

US-Israeli strike kills 15 at Isfahan factory, Iranian media says
Iranian media report the deaths in central Iran as Tehran launches new missile salvoes at Israeli targets.
Did this story change how you see things?
Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.
The Verity Ledger curates verified investigative journalism from trusted sources only.
See our sourcesMost Read This Week
Whitmer's office calls for probe into why weather service didn't issue tornado watch - The Detroit News

Defense official reveals how AI chatbots could be used for targeting decisions

Rubio designates Afghanistan as ‘state sponsor of wrongful detention’

Senate Democrat calls for investigation into Texas drone incidents

WADA to weigh barring Trump, US officials from LA Olympics and possibly World Cup over unpaid dues - AP News







