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In Direct Message, US President Warns That Prices Should Not Rise and Encourages Increased Oil Production in the Country.
The President of the United States, Donald Trump, used his social media platform, Truth Social, on Monday (23) to demand that oil prices be kept low. The statement comes in the context of concerns over conflicts in the Middle East, which could impact global commodity values.
The Crisis in the Middle East and the Impact on Oil
The tensions in the Middle East are a point of concern for the global economy, as the region holds a significant portion of the world’s oil reserves. Local conflicts create instability and directly threaten the flow of production. The fear of an escalation in the crisis causes volatility in the markets and pushes prices up, impacting inflation and production costs worldwide. It is in this uncertain scenario that Trump’s remarks stand out.
Trump’s Warning Against Rising Prices
Donald Trump was emphatic in his post. “Everyone, keep the price of oil down, I am watching!” he wrote in capital letters. For the president, rising prices would be detrimental, stating: “You are playing the enemy’s game, don’t do that.” The statement reflects the fear that instability in the Middle East could lead to a spike in oil prices.
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Trump’s Pressure for More Drilling in the US
In a second post, Trump directed a clear message to the US Department of Energy. He encouraged the agency to increase oil exploration with the phrase “drill, baby, drill.” The urgency of the request was emphasized when he added: “I mean, now.”
This stance from Trump signals his vision for American energy policy, focused on expanding domestic production as a way to control prices and ensure the country’s self-sufficiency in the sector.
