
President Donald Trump made strong comments about oil prices on Monday after attacks on Iran’s nuclear facilities raised concerns about energy costs. The president used his Truth Social platform to send a message to oil markets and energy companies.
According to Reuters, Trump’s posts came as global oil prices moved up and down throughout the day. Brent oil prices reached a five-month high before dropping more than 1% to $76.10 per barrel. The price changes happened as oil and gas shipments continued from the Middle East after U.S. air strikes against Iran over the weekend.