US President Trump: When oil prices go up, US makes a lot of money

Agustin Wazne FXStreet

In a Truth Social Post on Thursday, United States (US) President Donald Trump said that when Oil prices go up, as it has since he launched the war with Iran, the US benefits. Trump's biggest interest, however, is stopping Iran from having nuclear weapons.

Key takeaway

“The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money. BUT, of far greater interest and importance to me, as President, is stopping an evil Empire, Iran, from having Nuclear Weapons, and destroying the Middle East and, indeed, the World. I won’t ever let that happen! Thank you for your attention to this matter. President DONALD J. TRUMP”

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Australian Dollar.

	USD	EUR	GBP	JPY	CAD	AUD	NZD	CHF
USD		0.27%	0.24%	0.00%	0.09%	0.48%	0.47%	0.26%
EUR	-0.27%		-0.02%	-0.28%	-0.17%	0.21%	0.21%	-0.01%
GBP	-0.24%	0.02%		-0.23%	-0.15%	0.23%	0.22%	0.01%
JPY	0.00%	0.28%	0.23%		0.08%	0.48%	0.44%	0.22%
CAD	-0.09%	0.17%	0.15%	-0.08%		0.40%	0.38%	0.14%
AUD	-0.48%	-0.21%	-0.23%	-0.48%	-0.40%		-0.01%	-0.22%
NZD	-0.47%	-0.21%	-0.22%	-0.44%	-0.38%	0.00%		-0.23%
CHF	-0.26%	0.00%	-0.01%	-0.22%	-0.14%	0.22%	0.23%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

Author

Agustin Wazne

FXStreet

Agustin Wazne joined FXStreet as a Junior News Editor, focusing on Commodities and covering Majors.

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