Trump's Statement on Iran War and Oil Price Evaluation

Serdar HocamAuthor & Editor

US President Donald Trump blamed the Iran war for the surge in oil prices to $100 a barrel.

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Do Republicans blame Trump for high oil prices?

US President Donald Trump blamed the Iran war for the rise in oil prices reaching $100 a barrel as a result of conflicts in the Gulf region and attacks on oil facilities, stating that the war would end right after the midterm elections.

Rise in Oil Prices

Following the attacks by the US and Iran on tankers in the Gulf region and the Houthis in Yemen striking oil facilities in Saudi Arabia, oil prices rose to $100 a barrel on Wednesday.

Trump's Statements on War and Elections

President Donald Trump attributed the cause of the increase in oil prices to the Iran war, stating that this war would end immediately after the US midterm elections.

Republican Party Convention

At the first midterm convention of the Republican Party held in the state of Texas, the issue of how rising oil prices would affect the elections was discussed and voters' opinions were gathered.