The price of oil surged past $100 per barrel on Sunday, the first time it crossed that mark since Russia’s 2022 invasion of Ukraine.
President Donald Trump, in a social media post, called surging oil costs a “very small price to pay.”
“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. ONLY FOOLS WOULD THINK DIFFERENTLY!” Trump posted Sunday on Truth Social.
Oil futures and gasoline prices have skyrocketed as traders worry that the war in Iran would lead to