Trump urges Americans to accept higher oil prices

Trump urges Americans to accept higher oil prices US President Donald Trump has urged Americans to accept slightly higher gasoline prices as the cost of preventing Iran from obtaining a nuclear weapon. The comments underscore the growing political risk for Trump as higher fuel prices collide with his campaign promise to lower energy costs, with Democrats already seeking to make the economic fallout from the Iran war an issue heading into the November midterm elections. In a speech in Garden City, Trump said Americans who had to "pay a tiny little bit more for your gasoline" should remember that this was the cost of ensuring "a very evil country" could not have a nuclear weapon. "What we're doing is a great service for the world, not only for ourselves ... and we're really doing a great job," said Trump, adding he would never apologize for attacking Iran. Around roughly 20 percent of global oil and LNG shipments usually pass through the Strait of Hormuz and the potential for long-term disruption has pushed up oil prices. (Reporting by Reuters)