SignalGeopolitics
Trump on high gas prices: 'We're making a freaking fortune'
Trump links high gas prices to national profit, signaling policy stance on energy costs.
Context
What happened: Trump said at a Georgia rally that US oil companies are making a "fortune" from the Iran war, while Americans pay record pump prices.
Key numbers: AAA average regular gas $4.29 a gallon, up from $2.98 in February. Diesel $6.35, up from $3.75. 38 US producers and refiners grew revenues about $140 billion year over year, per Oil & Gas Journal.
Why it matters: The comments come less than two weeks before midterms, as voters face an affordability crisis. Trump said he reached a deal with Putin to import Russian diesel, a move analysts warned could aid Russia's economy.
What changed
Trump said at a Georgia rally that US oil companies are making a "fortune" from the Iran war, while Americans pay record pump prices.
Why it matters
The comments come less than two weeks before midterms, as voters face an affordability crisis. Trump said he reached a deal with Putin to import Russian diesel, a move analysts warned could aid Russia's economy.