Trump: ‘High oil prices are good for the USA’

WASHINGTON (dpa-AFX) – According to US President Donald Trump, the significantly increased oil prices are good for the USA. “The United States is by far the largest oil producer in the world, so when oil prices go up, we make a lot of money,” he shared on his Truth Social platform. During the election campaign, Trump campaigned on significantly lowering energy prices in the country. However, as a result of the war in Iran, gasoline prices in the USA had risen to their highest level since the summer of 2024./jcf/DP/nas