Donald Trump downplays oil price surge as 'very small price' for neutralising Iran's nuclear threat

US President Donald Trump dismissed concerns over skyrocketing global oil prices, framing the short-term spike as a worthwhile trade-off for eliminating Iran's nuclear program. In a fiery Truth Social post amid escalating West Asia tensions, he insisted that prices would plummet once the threat is eradicated, labeling any doubters as 'fools.' This bold stance comes as US military actions against Iran have ignited fears of prolonged energy disruptions, sending oil benchmarks soaring past $100 per barrel for the first time since the Russia-Ukraine war erupted in 2022.

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