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Full Breakdown

Trump Attends LIV Golf Event as Iran Ceasefire Talks Stall and Gas Prices Surge

5/10/2026, 9:26:50 PM

Event and Diplomatic Context

President Donald Trump attended a LIV Golf tournament at Trump National Golf Club in Sterling, Virginia, with son Eric Trump and Yasir Al-Rumayyan of Saudi Arabia’s Public Investment Fund. Secretary of State Marco Rubio and envoy Steve Witkoff met Qatari Prime Minister Mohammed bin Abdulrahman Al Thani in Miami to discuss a U.S. peace proposal to end the war with Iran. Tommy Pigott said the talks focused on coordination, not formal peace talks.

Gas Prices

Gasoline averaged $4.53 per gallon, $1.38 higher than a year ago (AAA). Analysts warned the weekend dip would reverse on Monday.

Ethics Concerns

Ethics scholars flagged the president’s dual role as host of a Saudi-backed league. Kathleen Clark called Saudi Arabia “a murderous, authoritarian, anti-democratic region,” and Richard Painter warned the situation “is just going to be the tip of the iceberg,” implying risks for U.S. businesses.

Official Responses

State Department emphasized coordination, not formal peace talks. White House adviser Kevin Hassett called the fuel prices a “small price to pay” for ending Iran’s nuclear threat. Governor JB Pritzker tweeted that Americans were paying for Transportation Secretary Sean Duffy’s “7-month road trip” at $4.55 per gallon.

Regional Tensions

Iran’s Revolutionary Guard warned a “heavy assault” on U.S. bases if its tankers were attacked, after U.S. struck two Iranian tankers it said were breaching its blockade. Bahrain reported arrests of dozens with alleged IRGC links. President Vladimir Putin reiterated a proposal to take enriched uranium from Iran.

Reporting Discrepancies

Axios said Rubio and Witkoff were “trying to hash out a peace deal,” while State Department said the meeting was not a peace talk.

Verbatim Quotes

  • “We are seeing the national average for gasoline and diesel prices drift lower so far this weekend but we WILL jolt higher on Monday. This is the calm before the storm,” — Patrick De Haan, Head of Petroleum Analysis, GasBuddy
  • “unacceptably high for people, but we think it’s a small price to pay, in the end, for ending this regime that has nuclear weapons pointed at the U.S. and our allies.” — Kevin Hassett, White House economic adviser
  • “Saudi Arabia is a murderous, authoritarian, anti-democratic region,” — Kathleen Clark, law professor, Washington University in St. Louis
  • “This is just going to be the tip of the iceberg,” — Richard Painter, professor of corporate law, University of Minnesota Law School

Outlook

The administration awaits Iran’s formal reply, and a second LIV Golf tournament is set for early August at Trump’s Bedminster, New Jersey course, renewing scrutiny of the president’s business-politics overlap.