torsdag 12 mars 2026

Trump's USA

Oil Market
Trump shrugs off soaring oil prices: "The US makes a lot of money"

It is more important for Donald Trump to stop Iran from "developing nuclear weapons and destroying the Middle East and the whole world" than to think about how the oil price is affected. The president writes this on Truth Social.

He takes the fact that the oil price has skyrocketed after the start of the war and Iran's blockade of the strategically important Strait of Hormuz in stride.

"The US is the world's largest oil producer, by a wide margin, so when oil prices rise, we make a lot of money," Trump writes.

Since the war broke out, gasoline prices in the US have skyrocketed by 20 percent, which risks becoming a problem for Trump at home, reports the Financial Times.

Oil prices skyrocketed to their highest on Monday, to $120 for a barrel of Brent oil. Prices have since been on a roller coaster. After Iran's new leader promised on Thursday to continue blocking the Strait of Hormuz, the price once again rose above the 100 level.  

The war on the media
Photographers barred for "ugly pictures" of Hegseth

Press photographers have reportedly been barred from Pentagon press conferences after they published "unflattering" pictures of Defense Secretary Pete Hegseth. This is reported by two sources with insight to the Washington Post.

On March 2, Hegseth held a briefing on the US-Israeli attacks on Iran and photographers from AP, Reuters and Getty were present. But when the news agencies' pictures were published in newspapers around the world, several in Hegseth's staff were concerned about how the minister looked.

The Pentagon then decided not to allow photographers at the two following press conferences, which were held on March 4 and 10. Department of Defense press secretary Kingsley Wilson said in a statement that the change is due to a lack of space.


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