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Trump Reports Progress on Iran Talks Amid Rising Oil Prices

3/30/2026

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Story summary
  • U.S. President Donald Trump claimed progress in negotiations over Iran, while acknowledging the conflict has raised oil prices.
  • He said the United States is allowing a Russian oil tanker to reach Cuba, posing no threat to Russia.
  • Iran's oil exports have nearly doubled since the conflict began, increasing profits that fund its military.
  • Steve Bannon faced silence at a CPAC event when discussing rising oil prices tied to the war.