March 12, 2026
Trump says U.S. will 'make a lot of money' from higher oil prices
President Trump said Thursday there is an upside to rising oil prices as a result of the war against Iran -- the U.S. will make money as a major producer.
TL;DR
- President Trump sees an advantage in rising oil prices.
- The war against Iran is cited as a potential cause for higher oil prices.
- The U.S. is expected to profit from increased oil prices due to its status as a major producer.
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