Trump defends Iran strikes amid oil price surge from tanker attacks

President Trump justified U.S. strikes on Iran's nuclear program despite oil prices topping $100 per barrel, following Iranian attacks on tankers that disrupted Gulf shipping. He prioritized preventing Iran's nuclear armament over short-term energy costs, announcing further measures to ease U.S. gas prices.

In the wake of Iranian attacks on oil tankers in the Persian Gulf—as detailed in prior coverage—President Donald Trump defended the ongoing U.S. military operation targeting Iran's nuclear facilities. Brent crude exceeded $100 per barrel for the second time that week, driving U.S. gas prices to $3.59 per gallon nationally, up from $2.94 a month prior.

Posting on Truth Social Thursday, Trump stated: “The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money. BUT, of far greater interest and importance to me, as President, is [stopping] an evil Empire, Iran, from having Nuclear Weapons, and destroying the Middle East and, indeed, the World. I won’t ever let that happen!”

The Pentagon echoed this, emphasizing long-term disruption of Iran's nuclear program. Secretary of War Pete Hegseth highlighted Iran's conventional defenses around nuclear sites. Building on the prior Strategic Petroleum Reserve release of 172 million barrels, the White House is eyeing a temporary Jones Act waiver to cut domestic shipping costs for oil and goods. Press Secretary Karoline Leavitt noted: “In the interest of national defense, the White House is considering waiving the Jones Act for a limited period of time... This action has not been finalized.”

Trump floated U.S. Navy escorts for tankers through the Strait of Hormuz, a key chokepoint for global oil. Energy Secretary Chris Wright indicated this would follow once military priorities shift from dismantling Iran's capabilities.

Iran's new supreme leader, Mojtaba Khamenei, vowed to keep pressuring the Strait: “Certainly, the lever of closing the Strait of Hormuz must continue to be used.” Critics, including in The Nation, slammed the conflict as an 'undeclared, unauthorized, unpopular, and unconstitutional war of aggression.'

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Illustration depicting US Navy escorting oil tanker in Strait of Hormuz amid volatile oil prices and White House statement correction.
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White House walks back navy escort claim as oil prices fluctuate

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Oil prices swung sharply on Tuesday after a U.S. Energy Secretary's claim of a Navy escort through the Strait of Hormuz was corrected by the White House, amid ongoing disruptions from the U.S.-led operation against Iran. Brent crude fell to around $81 per barrel before recovering to close near $91. The incident highlights efforts to stabilize oil flows through the strait, which carries 20% of the world's oil.

President Donald Trump ordered US and Israeli attacks on Tehran in the early morning of February 28, 2026, prompting an Iranian missile response against Israel. This Middle East conflict endangers global oil supply via the Strait of Hormuz, through which one-fifth of the world's crude passes. In Mexico, which imports gasoline, it could lead to price hikes if the conflict persists.

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在美国和以色列对伊朗发动大规模袭击一周后,油价突破每桶90美元大关,此事已升级为中东战争。该冲突使波斯湾的石油运输船只滞留,并损坏了关键设施,扰乱了供应。全球消费者因此面临更高的汽油和柴油成本。

One day after US and Israeli attacks on Iran ignited oil price fears, the confirmed death of Supreme Leader Ali Khamenei and Tehran's retaliatory strikes have driven prices up as much as 13%—the largest jump in four years—amid fears of Strait of Hormuz disruptions, which carry 20% of global crude. OPEC+ ramps up output, while Mexico's peso weakens against the dollar.

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Oil prices recorded their largest daily gain since October, driven by concerns over a potential new conflict between the United States and Iran. Brent crude surpassed US$71 per barrel after a 4.3% rise, while West Texas Intermediate traded above US$66. Analysts warn that the US military buildup in the region could close the window for a diplomatic agreement.

As the US-Iran conflict disrupts global oil via the Strait of Hormuz closure—driving prices above $100 per barrel—Trump administration rollbacks on vehicle fuel efficiency standards are amplifying domestic gasoline price surges, undoing decades of efficiency gains that previously blunted such shocks.

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在2月28日初始打击后,美以伊冲突进入第四天以上,伊朗已封锁霍尔木兹海峡,并对沙特和卡塔尔关键能源设施发动无人机袭击。欧洲日益卷入以及美国在其他地方的承诺引发了对旷日持久敌对行动损害美国利益的担忧。迫切需要通过谈判缓和局势。

 

 

 

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