Trump: High Oil Prices 'Win' for U.S.


Author: The Daily News Now! March 12, 2026 Duration: 1:43
Podcast episode
Trump: High Oil Prices 'Win' for U.S.

President Trump embraces high oil prices, citing benefits for U.S. energy companies, as benchmarks surge and the Strait of Hormuz remains closed. Experts predict economic turmoil, while drivers face increased fuel costs. The administration plans a coordinated release from strategic reserves and considers waiving shipping rules, with Energy Secretary Wright emphasizing long-term gains from neutralizing Irans threats.

Support the show:
Get a discount at https://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/445b01674d992a73


More episodes

Duration: 1:48
Chicago prepares for a monumental celebration of life for the late Reverend Jesse Jackson Senior, with former U.S. presidents Barack Obama, Joe Biden, and Bill Clinton, along with Vice President Kamala Harris, set to att…

Duration: 1:42
U.S. job market shows signs of recovery with 60K job additions in February, a significant increase from last years weak hiring. Private reports align with this data, showing a rise in hiring and job growth picking up spe…

Duration: 2:27
Global stock markets displayed a mixed performance on Friday, with oil prices surging to their highest levels in nearly two years due to the ongoing war with Iran. U.S. futures for the S&P 500 and Dow Jones dipped slight…

Duration: 1:55
Israeli airstrikes pummel Tehran and Beirut, targeting Iranian air defenses and nuclear facilities. Iran retaliates with missile and drone attacks on U.S.-hosted nations. The conflict escalates, claiming hundreds of live…

Logo
Select station
VOL