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Trump voices frustration with allies as Iran war and strait closure push fuel prices higher

March 31, 2026

General

DUBAI, United Arab Emirates (AP): President Donald Trump expressed frustration Tuesday with allies who have been unwilling to do more to support the U.S. war effort, telling them to “go get your own oil” as the conflict with Iran and its closure of the Strait of Hormuz sent average U.S. gas prices past $4 a gallon. The president’s social media post came after U.S. strikes hit a city that is home to one of Iran’s main nuclear sites, sending a massive fireball into the sky, and Tehran attacked a fully loaded Kuwaiti oil tanker in the Persian Gulf. The attacks

Trump’s go-to moves to influence the markets are increasingly falling flat as the Iran war drags on

March 31, 2026

General

President Donald Trump speaks with reporters

WASHINGTON (AP): As the Iran war intensifies, President Donald Trump has prioritized efforts to calm the financial markets — trying to keep oil prices from exploding upward, stocks from cratering and interest rates from surging. When the markets have flashed danger, Trump has been quick with a social media post or a remark to claim the war he launched last month could soon end. He’s publicly declared that the markets are doing better than he expected, even with the S&P 500 stock index declining over the past five weeks and the global oil benchmark up roughly 60%. “I thought oil