ABC News on Donald Trump

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ABC News

National news outlet

Compared on: Donald Trump's own words

THE CLAIM · NOV 2, 2026

“President Donald Trump has acknowledged the rise in oil prices”

ABC News · Read the post

THE RECORD · JUL 8, 2026

“When as oil goes, so goes everything else. But, anytime we hit, if we hit Iran, oil goes up a little bit. It's all right.”

CBS News · Trump reacts to rising gas prices after he announces Iran ceasefire is over · automated transcript · Listen at 4:39

RECORD AGREES

ABC News reported the acknowledgment on November 2, 2026. In a recording uploaded July 8, Trump said oil goes up a little when the U.S. hits Iran; he also said oil prices were dropping.

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