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'And yesterday, my administration announced decisive action to help keep down the oil prices, including offering political risk insurance for tankers transiting into the Gulf,' Trump said, vowing further action to reduce pressure on oil amid US and Israeli strikes on Iran

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.President Donald J. Trump: "Yesterday, my administration announced decisive action to help keep down the oil prices, including offering political risk insurance for tankers transiting into the Gulf... further action to reduce pressure on oil is imminent and... in the long-term, the actions we're taking will dramatically increase the stability of the region and oil prices."
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.President Donald J. Trump: "Yesterday, my administration announced decisive action to help keep down the oil prices, including offering political risk insurance for tankers transiting into the Gulf... further action to reduce pressure on oil is imminent and... in the long-term, the actions we're taking will dramatically increase the stability of the region and oil prices."

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Trump: We announced decisive action to help keep down the oil prices including offering political risk insurance for tankers. The oil has pretty much stabilized. We had it pretty low but I had to take this little detour. They were going to hit us.
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Trump: We announced decisive action to help keep down the oil prices including offering political risk insurance for tankers. The oil has pretty much stabilized. We had it pretty low but I had to take this little detour. They were going to hit us.

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European countries scrambled to cushion the impact of soaring oil prices after tit-for-tat strikes on Gulf energy plants dramatically escalated the US-Israeli war on Iran
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European countries scrambled to cushion the impact of soaring oil prices after tit-for-tat strikes on Gulf energy plants dramatically escalated the US-Israeli war on Iran

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President Donald J. Trump on action to help keep down oil prices. ⬇️
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President Donald J. Trump on action to help keep down oil prices. ⬇️

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Israeli and US forces continue strikes across Iran, with the conflict spreading to Lebanon and impacting global markets and oil prices
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Israeli and US forces continue strikes across Iran, with the conflict spreading to Lebanon and impacting global markets and oil prices

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.Karoline Leavitt: "Thus far, the Trump Administration has offered political risk insurance to tankers operating in the Gulf. Treasury Department temporarily waved certain oil-related sanctions, and the Commander-in-Chief, has offered the U.S. Navy to escort tankers when necessary... Rest assured to the American people, the recent increase in oil and gas prices is temporary and this operation WILL result in lower gas prices in the long-term."
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.Karoline Leavitt: "Thus far, the Trump Administration has offered political risk insurance to tankers operating in the Gulf. Treasury Department temporarily waved certain oil-related sanctions, and the Commander-in-Chief, has offered the U.S. Navy to escort tankers when necessary... Rest assured to the American people, the recent increase in oil and gas prices is temporary and this operation WILL result in lower gas prices in the long-term."

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.President Donald J. Trump on oil and the Strait of Hormuz: "In recent years, the regime and its terror proxies have launched attacks on hundreds of commercial vessels. We're putting an end to all of this threat once and for all—and the result will be lower oil prices for American families... In the meantime, during this brief disruption, the United States is offering political risk insurance to any tankers operating in the Gulf... We are also waiving certain oil related sanctions to reduce prices... when the time comes, the U.S. Navy and its partners will escort tankers through the Strait if needed."
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.President Donald J. Trump on oil and the Strait of Hormuz: "In recent years, the regime and its terror proxies have launched attacks on hundreds of commercial vessels. We're putting an end to all of this threat once and for all—and the result will be lower oil prices for American families... In the meantime, during this brief disruption, the United States is offering political risk insurance to any tankers operating in the Gulf... We are also waiving certain oil related sanctions to reduce prices... when the time comes, the U.S. Navy and its partners will escort tankers through the Strait if needed."

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POSOBIEC: We’re seeing the Iranian response as U.S. and Israeli strikes continue. Iran is waging asymmetric warfare, hitting tankers, oil platforms, Dubai, Jebel Ali, and Gulf partners to pressure the U.S. to sue for peace.
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POSOBIEC: We’re seeing the Iranian response as U.S. and Israeli strikes continue. Iran is waging asymmetric warfare, hitting tankers, oil platforms, Dubai, Jebel Ali, and Gulf partners to pressure the U.S. to sue for peace.

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President Trump said his administration is talking to seven countries about helping to secure the Strait of Hormuz amid the U.S.-Israeli war on Iran, calling on them to help protect ships in the vital waterway that Tehran has mostly blocked to oil tanker traffic.
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Oil prices have jumped nearly 10% after attacks on tankers in Iraqi waters, as strikes on oil and shipping routes intensify across the Middle East
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Breaking: US has reached out to India for help to reduce oil prices "We have reached out to our friends in India to buy stored Russian oil. That pulls oil into Indian refineries and releases pressure on other global refineries," says US Energy Secretary Chris Wright
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President Trump said the war in Iran should end soon, as the conflict that began with a US-Israeli attack had killed thousands and sent oil prices surging to historic highs
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