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Home World New Zealand

Trump warns of disaster if oil trade is used to lower prices

14 March 2026
in New Zealand
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The Trump Administration is exploring potential interventions in oil markets to lower prices, following a surge to $103 per barrel amid tensions in Iran. Interior Secretary Doug Burgum confirmed that discussions have taken place regarding trading in futures markets, where contracts for future oil delivery are bought and sold. This comes amid speculation that the White House has already attempted to influence prices.

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Tags: administrationbiblicalconsideringdespiteDisasterdownheif..ininterveningMarketsofoilpricepricespushriskthat..to..tradeTradesTrumpwarnedWarningsWarnswould
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