Shafaq News- Washington
US President Donald Trump defended rising oilprices linked to the war with Iran, describing them as a temporary cost forglobal security.
In a post on Truth Social, Trump argued that theincrease represents “a very small price to pay” for the safety and peace of theUnited States and the world, noting that the prices will drop rapidly “when thedestruction of the Iran nuclear threat is over.”
Theremarks came after Brent crude surged during trading by as much as $18.35 toreach $111.04 per barrel, while US crude climbed above $108 amid fears ofsupply disruptions in the Gulf and rising risks to shipping through the Straitof Hormuz.
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