President Donald Trump says all the time that gas prices are dropping on his watch, but with the Iran war, he says rising oil costs are good for America.

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A cohort of developed nations agreed to release a record amount of emergency oil reserves Wednesday amid the impact that the U.S. attacks against Iran have had on the oil market.

Disruptions in the global oil supply are driving up prices, and New England’s fuel market leaves the state especially exposed. The post Gas prices keep climbing, and Massachusetts may see some of the biggest hikes appeared first on Boston.

The Iran war has upended oil production and shipping across the Middle East, straining energy supplies worldwide. And crude prices swung wildly Monday.

Vietnam urges work from home as fuel crisis deepens amid Middle East conflict. Gasoline prices surge 32%, diesel up 56% as supply disruptions hit.

President Donald Trump dismissed higher gas prices as a “very small price to pay” as analysts warned that disruptions from the war in the Middle East could escalate.

President Donald Trump dismissed concerns about soaring oil prices, saying it was only a short-term issue and a “small price to pay” for the destruction of Iran’s “nuclear threat.”