Gas prices have risen by more than 16 percent from a week back.Iranian crude oil tanker Sevda sails near Bandare Asaluyah, Iran, on Jan. 27, 2026. Sam/Middle East Images/AFP via Getty Images3/9/2026|Updated: 3/9/2026The recent jump in oil prices due to the Iran war is “a very small price to pay for U.S.A., and World, Safety and Peace,” President Donald Trump said in a March 8 post on Truth Social amid oil prices shooting past the $100 per barrel level.“Only fools would think differently!” Trump said. The short-term rise in oil prices “will drop rapidly when the destruction of the Iran nuclear threat is over.”
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Thursday, April 30, 2026
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