Trump frets oil price spike after bombing Iran

June 24, 2025

FILE – The aircraft carrier USS Dwight D. Eisenhower and other warships crosses the Strait of Hormuz into the Persian Gulf on Sunday, Nov. 26, 2023. (Information Technician Second Class Ruskin Naval/U.S. Navy via AP, file)

President Donald Trump is cautioning against oil price hikes and urging his administration to increase domestic oil production in the wake of the U.S. attack on Iran over the weekend.

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