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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President Trump announces Iran truce at podium with Strait of Hormuz map and crashing oil prices on screen, symbolizing market plunge.
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Oil prices plunge after Trump's truce with Iran

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President Donald Trump announced a two-week suspension of attacks against Iran, conditioned on reopening the Strait of Hormuz. WTI crude prices fell over 17% to US$93 per barrel, while Brent dropped to US$103.43. The move follows a 10-point Iranian proposal and talks with Pakistan.

In der anhaltenden Krise um die Straße von Hormus, die seit der iranischen Blockade im März nun in ihre vierte Woche geht, hat US-Präsident Donald Trump die Marine angewiesen, eine Gegenblockade zu errichten, nachdem die Friedensgespräche im pakistanischen Islamabad gescheitert sind. Die weltweiten Ölpreise stiegen auf 103 US-Dollar pro Barrel, was im Vorfeld einer wichtigen Preisüberprüfung in Kenia Befürchtungen vor Kraftstoffengpässen aufkommen ließ.

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Die weltweiten Ölpreise stehen vor dem stärksten monatlichen Zuwachs seit Beginn der Aufzeichnungen; Brent-Rohöl nähert sich aufgrund des Iran-Krieges einem Anstieg von 60 Prozent im März. US-Präsident Donald Trump deutete an, dass er trotz der anhaltenden Störungen in der Straße von Hormus einen Ausstieg aus dem Konflikt erwägt. Angriffe auf Tankschiffe beeinträchtigen weiterhin die Versorgung.

President Donald Trump warned on Monday that the United States would target every bridge and power plant in Iran by Tuesday night unless a deal is reached to open the Strait of Hormuz. During a White House press conference, he detailed a successful rescue mission for two downed U.S. airmen while evading questions on potential war crimes. Iran rejected a proposed ceasefire amid ongoing diplomatic efforts by regional mediators.

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Crude oil prices have rocketed above $115 a barrel after the US and Iran exchanged fire, shattering a fragile ceasefire amid weeks of escalating tensions. Following stalled April peace talks, naval blockades, and ship seizures in the Strait of Hormuz, the clash has intensified fears of broader Middle East conflict, threatening global energy supplies and stoking market volatility.

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