Former U.S. President Donald Trump issued a strong message to oil producers and global markets, saying, “Everyone, keep oil prices down. I’m watching.” His statement comes at a time when tensions in the Middle East have already pushed fuel costs higher and raised concerns about supply disruptions.
Trump, known for closely monitoring global energy prices during his presidency, is once again voicing his concern as oil prices edge upward. The situation follows recent military escalations in the region, particularly between Iran, Israel, and the U.S., which could threaten oil routes like the Strait of Hormuz.
Analysts believe Trump’s statement is aimed at oil-exporting countries, urging them not to take advantage of the current crisis to raise prices. High fuel costs affect not just governments but ordinary consumers, leading to inflation and slowing down economic recovery.
His message may also be politically motivated, signaling his stance ahead of the U.S. presidential race. Trump often emphasized energy independence and lower gas prices during his time in office.
While markets reacted cautiously, energy experts say more comments or actions from global leaders could influence oil prices in the coming days. For now, all eyes remain on how the situation unfolds.
