U.S. President Donald Trump’s Plan to Lower Oil Prices Revealed – Insider Sources Speak Out

US President Donald Trump is preparing to consider a range of emergency options to control rapidly rising oil prices due to a potential war with Iran.

According to two sources familiar with the matter, the Trump administration may begin considering various policy tools to intervene in energy markets as of today, following the surge in crude oil prices above $100 per barrel.

The sharp rise in oil prices is due to the severe disruption to energy flows in the Middle East following the US and Israeli attacks on Iran on February 28. Global oil prices have recently climbed to $119 per barrel, reaching their highest levels since mid-2022. This increase has also led to a rapid rise in gasoline and other fuel prices.

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Among the options being considered by the White House is a joint sale of strategic oil reserves in coordination with G7 countries. US officials are reportedly holding discussions with G7 members on this matter. Other options being evaluated include limiting US oil exports, intervening in oil futures markets, temporarily lifting some federal fuel tariffs, and temporarily relaxing regulations under the Jones Act that require only US-flagged vessels to carry fuel.

White House spokesman Taylor Rogers stated that the administration considers maintaining stability in energy markets one of the president’s top priorities. Rogers said that the US administration had already prepared plans to keep energy markets stable before “Operation Epic Fury,” the name given to operations against Iran, began, and that all options are still being examined.

However, analysts believe that Washington’s policy tools may have only a limited impact on global oil markets in the short term. This is primarily because tanker traffic through the Strait of Hormuz, through which approximately one-fifth of the world’s oil supply passes, has been severely disrupted by the war. According to experts, unless flow through this critical strait is restored, pressure on oil prices is likely to continue.

This volatility in energy markets comes at a politically sensitive time for the Trump administration ahead of the midterm elections in November. With Republicans aiming to retain control of Congress in the upcoming elections, the rise in fuel prices is seen as a potential trigger for renewed inflation in the US, driven by increased consumer spending and transportation costs.

*This is not investment advice.

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