Oil prices fell around one percent Monday morning. | Economy
President Donald Trump on Monday called on oil producers to keep prices in check following U.S. airstrikes on Iranian nuclear facilities over the weekend, warning that a spike in energy costs would strengthen America’s enemies.
“EVERYONE, KEEP OIL PRICES DOWN. I’M WATCHING! YOU’RE PLAYING RIGHT INTO THE HANDS OF THE ENEMY. DON’T DO IT!,” the president posted on his Truth Social platform Monday morning.
Oil futures eased in the wake of the post. Both Brent Crude, the global benchmark, and West Texas Intermediate, the most watched U.S. oil price, fell by around one percent.
While the president did not specify a target audience, the message appeared directed at the domestic oil industry.
