Trump news at a glance: president shrugs off highest gas prices in years | Trump administration
Donald Trump on Thursday ignored the economic consequences of the war in Iran on gas prices in the United States, writing on social media that “when oil prices go up, we make a lot of money.”
The president’s comment comes as the American Automobile Association reports that the average price of a gallon of gasoline has reached $3.60, a week after the start of the U.S.-Israeli military operation against Iran, which caused the largest price hike since the early days of Russia’s 2022 invasion of Ukraine.
Costs at the pump have risen alongside the price of crude, which soared above $100 a barrel on Thursday as Iran launched attacks on oil installations across the Middle East, despite the release of global oil reserves intended to stabilize markets.
‘We’re making a lot of money’: Trump downplays rising gas prices during Iran war
“The United States is by far the largest oil producer in the world, so when oil prices rise, we make a lot of money,” the president wrote on Truth Social.
But rising gas prices pose a political handicap for Trump as primaries begin ahead of November’s midterm elections, when his Republican allies will defend their slim majorities in the Senate and House of Representatives.
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Pentagon tells lawmakers Iran war costs more than $11.3 billion – but true price unknown
Pentagon officials told top lawmakers in a closed-door news briefing that the cost of the war against Iran has already exceeded $11.3 billion in its first six days, but the true cost of the conflict’s early days is likely much higher, according to two people familiar with the matter.
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Rescue efforts underway as US military refueling plane crashes in Iraq
A U.S. military refueling plane with at least five people on board crashed in western Iraq on Thursday, in an incident that U.S. Central Command said involved another plane but was not the result of hostile or friendly fire.
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Trump-backed Republican in Louisiana charged with rape in 2007
A Trump-backed Louisiana congressional candidate faced a rape accusation in 2007 — but that was never disclosed to the public or, apparently, to the president’s team as Blake Miguez became one of the rising stars of the state’s Republican Party. Miguez’s campaign released a statement Thursday denying allegations from a woman who described him at the time as a “live-in ex-boyfriend,” calling her claims categorically false.
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Eswatini says it welcomed more ‘third country’ deportations under Trump administration deal
The government of Eswatini announced Thursday that it had welcomed four more “third countries” expelled from the United States as part of the Trump administration’s multimillion-dollar deal with the small African country. Today, a total of 19 people deported from the United States were sent to Eswatini when they came from other countries.
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Trump says Iran should not participate in World Cup for ‘their lives and safety’
Trump said on Thursday that Iran should not participate in the next World Cup in North America, just days after telling the FIFA chief that it would be welcome despite the war in the Middle East.
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‘America’s mortal enemy’: Pete Hegseth expressed extreme antipathy toward Iran for years
US Defense Secretary Pete Hegseth has for years expressed violent antipathy towards Iran in books, Fox News shows, educational videos and in a 2018 speech at an Israeli press conference in Jerusalem, a Guardian review has found.
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What else happened today:
A catch-up? Here’s what happened Wednesday March 11.
