Philenews

Trump and the Price of Oil

Published March 28, 2026, 07:16
Trump and the Price of Oil

Statements and actions by Donald Trump have a direct impact on the price of oil, as seen from the announcement of "positive and constructive" talks with Iran, which led to a 10% drop in price, and the subsequent denial by Iran, which caused a rise. Trump is characterized as unpredictable and controversial, with a policy that includes the creation of the Peace Council with himself as lifelong president, the removal of presidents of other countries, and the declaration of war. Trump demonstrates a lack of understanding of history, constitutional principles, geopolitics, and diplomacy, evaluating alliances exclusively in terms of money. His desire for more power and wealth, combined with a lack of awareness of the limited time of life, makes him a complex and dangerous personality. Psychologist Mary Trump, Donald Trump's niece, analyzes his personality in her book "TOO MUCH AND NEVER ENOUGH", revealing the destructive impact of his father on the development of his character. According to the psychologist, Donald Trump is characterized by narcissism, arrogance, lack of empathy, and ruthless pursuit of power.