alt Hacker News>This was the desired effect though, as higher oil prices means more profit for US based oil producers. I'm sure that will trickle down any time now.
That's giving the Trump administration too much credit. Before the war there were pieces about how oil companies were doing worse under Trump than under Biden[1]. Of course, you could argue that the Iran war is Trump finally responding to oil companies, but given that it only started more than a year after he took power, it really makes you wonder whether Trump is bumbling along, or playing some 5d chess with the global oil market. On the flip side there's plenty of evidence that he doesn't want high oil prices, for instance lifting sanctions on Iranian and Russian oil.
[1] https://www.economist.com/business/2025/02/06/donald-trump-l...
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It’s more like 2D chess, so within DJT’s comprehension.
I don’t know why anyone gives Trump credit for things like this. He (like all elected officials for the past few decades) is a figurehead and has been manipulated by careerists at every step, who themselves are beholden to the lobbyists that grease the wheels of government.