Last Updated: November 7, 2026

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  • Tag: Stabilise Energy Markets

    US Defends War Costs Amid Rising Fuel Prices, Calls Spike ‘Short-Term’

    Administration Cites Measures to Stabilise Energy Markets Washington: The Trump administration on Monday acknowledged rising fuel costs linked to the ongoing Iran conflict but described them as “short-term fluctuations”, even as it defended its military campaign and broader strategy to stabilise global energy markets. Press Secretary Karoline Leavitt said the administration was “fully tracking this.