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Event Brief

Trump's Shift on Oil Prices Amid Iran Conflict

Trump now views high oil prices positively as his team struggles with the Strait of Hormuz situation.
WHO: Iran
WHAT: Trump's change in stance on oil prices
WHEN: Mar 12, 2026 at 3:41 PM ET
WHERE: Washington
WHY: Due to the impact of the war with Iran on oil prices
Sources (1): PBS NewsHour

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