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More Money at the Gas Pump May Be the Price of Pressuring Iran

Simon Henderson

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The Hill

April 23, 2019


President Trump may be counting on the fact that U.S. voters oppose both higher gas prices and another war, but in the end he may have to pick one or the other.

Good news: Reasonable prices for the gasoline you will buy for the summer driving season are being guaranteed by Saudi Arabia and other OPEC countries. Huh? Who says? Actually, President Trump says so. He tweeted Monday morning: “Saudi Arabia and others in OPEC will more than make up the Oil Flow difference in our now Full Sanctions on Iranian Oil.” In other news: Oil prices rose. Put simply, the market apparently did not see the withdrawal of waivers with the same optimism...

Read the full article on the Hill website.