United States
Trump comments on oil price amid blockade
Wednesday, 15 April 2026 at 10:32 UTC · 1 source
President Donald Trump has commented on global oil prices, expressing satisfaction with the current level. In a social media post, he stated, "If you told me we would be at ONLY $92 a barrel, I would have been very surprised. I am very happy." The remark comes amid the ongoing US naval blockade of the Strait of Hormuz, a major chokepoint for global oil shipments. Trump's comment suggests the administration views the current price as a manageable outcome of its pressure campaign against Iran.
0:00
Sources
Cycle: Wednesday, 15 April 2026 at 10:32 UTC · First reported: 6h ago