Reuters: Trump Is Exploring Measures To Curb Oil Prices

• 9.03.2026, 20:13

The White House said the U.S. has a "strong plan" to stabilize energy markets.

US President Donald Trump is about to explore a range of options to reduce global oil prices, which have risen sharply amid the military conflict with Iran. This is reported by Reuters with reference to sources.

The US presidential administration is concerned that a jump in quotations above $100 per barrel will negatively affect American businesses and consumers ahead of the November midterm elections. The Republicans hope to retain control of Congress.

The measures under discussion include:

the joint release of oil from strategic reserves by the G7 countries;

restrictions on U.S. exports;

intervention in oil futures markets;

revoking some federal taxes and temporarily lifting restrictions on the Jones Act, which requires fuel to be transported domestically only on U.S.-flagged ships.

The White House said Trump and his team have a "strong plan" to stabilize energy markets. An administration official emphasized that all reasonable options will be considered and coordination with relevant agencies is ongoing.