Trump Calls Oil Price Spike Temporary Amid Iran War

Dusmanta Behera
Dusmanta Behera - Editor-in-Chief
1 Min Read

NewzVille International

US President Donald Trump on Sunday downplayed the war-driven surge in global oil prices, describing it as a temporary inconvenience amid the ongoing US-led military campaign against Iran.

In a post on Truth Social, Trump said short-term increases in oil prices “will drop rapidly when the destruction of the Iran nuclear threat is over” and called them “a very small price to pay for U.S.A., and World, Safety and Peace.”

He also wrote, “ONLY FOOLS WOULD THINK DIFFERENTLY!”

The remarks come as escalating strikes by the United States and Israel on Iran disrupt key shipping routes such as the Strait of Hormuz, increasing volatility in global oil markets.

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Dusmanta Behera
By Dusmanta Behera Editor-in-Chief
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Founded in 2024, NewzVille has got some name and fame. With more than 28 years of long journalistic career, the Editor-in-Chief had remained in various key positions at News Today Pvt Ltd, ETV Networks, Lok Sabha TV, Rajya Sabha TV, and Sansad TV. As an accredited Video Journalist for more than 17 years under Ministry of Information &Broadasting, Government of India covered State Visits of Prime Minister and Vice President. With coverage spanning 2 General Elections and more than 18 Assembly Elections, notable work includes national security series, live chamber telecasts, and audience-favorite documentaries. Key interests remain in Documentaries on Armed Forces and Travelogues.
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