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Story summary
- U.S. President Donald Trump faces gas prices exceeding $3 per gallon as military actions against Iran continue.
- He argues that higher oil prices benefit the economy.
- GOP strategists vary, with some warning that asking Americans to endure higher prices for an unclear war could backfire.
- The White House defends its actions and notes measures to blunt market impacts, including political risk insurance for tankers and eased sanctions on Russian oil.
