US President says that a possible rise in the commodity would be a “small price to pay” for global security; Brent already exceeds US$ 100 per barrel
The President of the United States, (Republican Party), stated this Sunday (March 8, 2026) that a possible increase in the price of oil in the short term would be a “very small price to pay” for the security of the United States and the world.
In a post on social media, the president said that oil prices will fall quickly after what he called “destruction of Iran’s nuclear threat.”
“Short-term oil prices, which will fall rapidly once the destruction of Iran’s nuclear threat ends, are a very small price to pay for the security and peace of the United States and the world. Only fools would think otherwise.”these.
The statement was made during the escalation of tensions involving Iran and growing market concerns about possible impacts on international oil prices.
Brent oil surpassed US$100 per barrel
Brent oil surpassed US$ 100 per barrel this Sunday (8 March) after the escalation of the conflict between the United States and Iran in the Middle East. The commodity rose 56% in 1 month and reached US$108 on the international market.
The appreciation reflects the fear of investors about possible interruptions in the production and transportation of oil in the region, responsible for a relevant portion of the global supply. Military tension also increases the risk of blockages on strategic export routes.
One of the main points of concern is the , through which around 20% of the oil transported by ships in the world passes. Any disruption to the route could reduce global supply and put further pressure on prices.
Brent is the main international reference for oil contracts and directly influences fuel prices in several countries. The rise in the commodity tends to put pressure on inflation, increase transport and production costs and increase the risk of maintaining high interest rates in several economies.
