this post was submitted on 10 Mar 2026
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The Trump administration has started to panic about the spiking price of oil.

While senior Trump aides had anticipated some brief surge in oil prices in the first days of the war with Iran, the size and sustainability of the market reaction caught them off guard, people familiar with the internal discussions told CNN.

Now, as oil prices hover near $100 a barrel just over a week into the war and US gas prices are moving sharply higher, it’s prompted a belated rush to try to reassure investors and seek ways to tamp down the impact. But the administration is confronting the limits of its power — and the reality that Donald Trump’s decision to wage war abroad threatens to wipe out some of his key economic accomplishments at home.

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[–] nukeforyou@lemmy.zip 7 points 3 hours ago (2 children)

Didnt he raid Venezuela to steal their oil? If so he WANTS prices to go up to sell that stolen oil for more $$$

[–] GreenBeanMachine@lemmy.world 1 points 48 minutes ago

It'll be years before the US gets their hands on that oil, they can only sell the shipping containers they stole.

[–] Buffalox@lemmy.world 1 points 1 hour ago

I wouldn't be surprised, also the rising oil prices help his friend Putin.

[–] inclementimmigrant@lemmy.world 26 points 4 hours ago (2 children)

... some of his key economic accomplishments.

Name one there asshat journalist.

Also, keep in mind that a fat ego wounded animal and his psycho pack will be lashing out with this kind of news and respond with stuff like passing the SAVE act to save their own skins.

[–] TheObviousSolution@lemmy.ca 4 points 4 hours ago

The economic accomplishment of helping the Warner Bros Discovery buyout to change how CNN reports on him: https://edition.cnn.com/2025/12/10/media/trump-cnn-sold-paramount-warner-bros-netflix

[–] Pacattack57@lemmy.world 2 points 4 hours ago (1 children)

Regardless of what you think about him, gas prices have been great the last few months. That was like the only thing that was going well for him.

Gas prices affect literally everything else so we can expect costs for groceries to spike as well pretty soon.

[–] Tingle@lemmy.world 2 points 3 hours ago

Who would have guessed that invading another country with oil would help american oil prices...

[–] Mulligrubs@lemmy.world 7 points 4 hours ago

He didn't have any economic accomplishments at home, so he doesn't have to worry about wiping said accomplishments out.

Minimum wage is seven bucks and change an hour; each of those "reasonable" Tomahawk missiles cost two million

so, no school lunches, times are tight

[–] CharlesDarwin@lemmy.world 7 points 5 hours ago (1 children)

Just what did these nine dimensional chess players think was going to happen by doing Israel's bidding and attacking Iran?

[–] SaveTheTuaHawk@lemmy.ca 3 points 3 hours ago

you can bet Putin knew what would happen. Ca-chingski.

[–] sturmblast@lemmy.world 48 points 8 hours ago (4 children)

He has no economic accomplishments

[–] Mulligrubs@lemmy.world 6 points 4 hours ago

Sure he does!

The man pissed through his $400 million dollar inheritance in just a few years, say what you want, that's impressive!

[–] CharlesDarwin@lemmy.world 6 points 5 hours ago

LOL, I know, right? I find it hilarious that the RWAs think that CNN is "liberal", LOL. Someone typed that up and expected people to take that sentence at face value.

[–] foggy@lemmy.world 14 points 8 hours ago (1 children)

Now now, he made quite a pretty penny on that crypto rug pull.

[–] sturmblast@lemmy.world 2 points 6 hours ago

No one reads...

[–] rozodru@piefed.world 9 points 8 hours ago (1 children)

I don't know, bankrupting casinos is quite the accomplishment.

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[–] ChunkMcHorkle@lemmy.world 29 points 9 hours ago

the reality that Donald Trump’s decision to wage war abroad threatens to wipe out some of his key economic accomplishments at home.

Jesus fucking christ, name ONE. And by name one, I specifically mean a net positive that would actually be reversed by this new negative, instead of just adding to the colossal overdraft of negatives already accruing on all our accounts.

[–] Machinist@lemmy.world 29 points 10 hours ago (3 children)

$4.99 for 100ea on Etsy, showing as a 'hot' item and bestseller. I doubt we'll see them in the quantities we saw the Biden stickers but it's pretty funny.

[–] CharlesDarwin@lemmy.world 6 points 5 hours ago

Christ, I hope we see a lot more, given it'd actually be accurate in this case.

[–] Spot@startrek.website 1 points 3 hours ago

Ooo, I have a few left from the grocery hike, time to go dig 'em out.

[–] psycho_driver@lemmy.world 12 points 9 hours ago

I'd buy some if they added "along with many, many girls aged 12-14"

[–] Soulphite@reddthat.com 13 points 9 hours ago (2 children)

Here's some advice...

STOP POINTLESS WARS ASSHOLES.

For a party that campaigned on no WARS, they sure have started lots of them in various ways over the past year. Fucking moron pedophiles.

[–] luciferofastora@feddit.org 1 points 1 hour ago (1 children)

In our industrial era, infrastructure and trade are generally much more effective investments into prosperity than war.

But selfish greed is gonna do as selfish greed does...

[–] Soulphite@reddthat.com 2 points 52 minutes ago

But selfish greed is gonna do as selfish greed does...

For sure. Wealth disparity keeps the control and power among the few.

[–] Mulligrubs@lemmy.world 3 points 4 hours ago (1 children)

It's not pointless for Boeing, Northrup, Israel, and other "donors". They will make a KILLING

[–] Soulphite@reddthat.com 3 points 4 hours ago (1 children)

Oh right, sorry. How could I forget about the poor military industrial complex. My bad! They gotta eat!

[–] TrollTrollrolllol@lemmy.world 1 points 3 hours ago

Hey don't let Congress of the hook there, it's the congressional military industrial complex, to quote Eisenhower.

[–] crystalmerchant@lemmy.world 6 points 7 hours ago

Well what the heck did ya think would happen dumdum

[–] MagicShel@lemmy.zip 164 points 15 hours ago* (last edited 15 hours ago) (1 children)

wipe out some of his key economic accomplishments at home.

Would that be devastating the economy though tariffs? Or devastating the economy through unemployment? Or devastating the economy through imprisoning our inexpensive labor force? Or devastating the economy through outright theft?

I think the word being sought was exacerbate.

war abroad threatens to ~~wipe out~~ exacerbate some of his key economic accomplishments at home

That reads much more accurate.

[–] WhatAmLemmy@lemmy.world 12 points 6 hours ago

It's CNN; an Epstein-class owned propaganda operation. They are one of hundreds of domestic enemies Americans should do something about before their nazi party murders millions of people both at home and abroad.

[–] driving_crooner@lemmy.eco.br 106 points 15 hours ago (1 children)

Are the economic accomplishments on the room with us?

[–] stoy@lemmy.zip 45 points 13 hours ago

Well give him SOME credit, no other president has managed to cause this much economic damage to the US in this little time.

[–] psycho_driver@lemmy.world 6 points 9 hours ago

Bomb Exxon, you dumb twats.

[–] StarryPhoenix97@lemmy.world 48 points 14 hours ago* (last edited 13 hours ago) (2 children)

I recently blocked a childhood friend on Facebook over this. They shared one of those stupid Biden stickers with a $5 a gallon price Tag.

Their point was, of course, the democrats made it worse than Trump ever did. I don't know how this happened. How people got so turned around. Arguing with him seemed pointless. Pointing out that Biden didn't do that. Pointing out that it's going to get worse. Pointing out that democrats in general are just status quo bitches...

I just blocked him. I can't fix whatever shit has pickled peoples brains.

[–] N0t_5ure@lemmy.world 36 points 14 hours ago (9 children)

We're living in the disinformation age, where people silo themselves in media, including news, that reinforces whatever they want to believe. Eventually their views will run into cold, hard reality, but even then some will continue to live in denial.

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[–] raman_klogius@ani.social 50 points 15 hours ago (2 children)
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