Trump is now looking for a quick solution – This threatens to jeopardize everything

President of the United States Donald Trump is looking for quick ways to stop the sharp rise in energy prices. About that tells news agency Reuters.

According to the news agency, the options on the table include opening up emergency oil storages in cooperation with the G7 countries or limiting oil exports from the United States to other countries in order to leave more fuel in the home country.

The price of oil has risen to more than 100 dollars per barrel due to the conflict in Iran. The White House is concerned that expensive gasoline and energy will hurt ordinary consumers and businesses.

The increase in prices is due to the military operations of the United States and Israel against Iran. The conflict has raised the price of crude oil to a level not seen in years.

The news channel CNN points out in his analysisthat Trump still had the financial cards in strong hands at the beginning of the year. He was helped by falling mortgage rates, relatively low inflation and cheap oil and gas.

Now, the military actions initiated by Trump in cooperation with Israel threaten to endanger all of this.

According to CNN, the conflict in the Middle East can cause far-reaching economic pain for Americans.

The worst-case scenario is that the war continues for a long time. It’s a scary thought for millions of people struggling with the high cost of living.

This is a politically sensitive issue, as important midterm elections are held in November, where Trump and the Republicans want to maintain their dominance in Congress.

Even earlier, Trump wrote in his own Truth Social service that the skyrocketing oil price does not worry him.

“A short-term oil price falling rapidly once the devastation of the Iranian nuclear threat is over is a very small price to pay for US and world security and peace. Only fools would think otherwise,” Trump wrote.