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Trump Admin Preps for $200 Oil, Warns of Economic Impact

Published 2 weeks, 3 days ago
Description

Trump administration braces for potential oil price surge, with Iran conflict blocking Strait of Hormuz and supplies dwindling. Emergency powers considered to keep gas affordable, but experts warn of significant impact on everyday Americans, particularly lower-income families. Energy Department leaders remain in Washington, working on solutions as record U.S. oil production offers a buffer.

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