Trump shrugs off rising gas prices amid Iran conflict
Mar 6th 2026
In a Reuters interview President Donald Trump said higher gas prices tied to the Iran conflict did not concern him, he would not tap the Strategic Petroleum Reserve for now, and he was focused on a short military campaign.
- Trump told Reuters he was unconcerned about higher pump prices and said, "If they rise, they rise".
- He said the U.S. military operation is his priority and estimated the campaign could last four to five weeks.
- Trump ruled out tapping the Strategic Petroleum Reserve for now.
- U.S. national average gas price rose 27 cents since last week to $3.25 per gallon and is 15 cents higher than a year ago, according to AAA.
- Global oil prices have risen roughly 16 percent since the conflict began, disrupting Middle East supplies.
- White House officials have met with oil executives and are considering measures including tanker insurance, naval escorts, a possible gas tax holiday and eased summer fuel rules.