Trump Tells The Post No Reason to Panic Over Oil Surge

WASHINGTON, D.C. — In an exclusive interview with the New York Post on Monday, March 9, 2026, President Donald Trump dismissed growing national concerns regarding the economic fallout of the Iranian conflict.
As domestic gas prices see their sharpest 72 hour spike in a decade, the President projected an air of total confidence, telling reporters there is "no reason to panic" because his administration has a comprehensive plan for every potential ripple effect.
The interview sought to calm markets that have been rattled by the "Hellfire" of the Middle Eastern air campaign and the subsequent threats of a global energy squeeze.
A "Plan for Everything"
The President’s comments come as the national average for a gallon of gas climbed significantly following the latest strikes on Iranian port infrastructure.
- The Stance: "People are worried about oil, they're worried about the war, they're worried about everything," Trump told the Post. "I tell them: relax. I have a plan for everything. We are going to be in a very different position in a very short period of time."
- Strategic Petroleum Reserve: The President hinted at a massive, coordinated release from the Strategic Petroleum Reserve (SPR) to flood the market and "break the back" of artificial price hikes by speculators.
- The "Domestic Shield" Argument: Trump emphasized that his "Energy Independence" executive orders from 2025 are the primary defense against foreign energy blackmail. He claimed that increased drilling on federal lands would provide a "long term shield" that will eventually lead to the lowest energy prices in history.
Market "Incommunicado"
Following the interview, energy markets entered a state of cautious "incommunicado" as traders waited for concrete details on the administration's next move.
- The Market Freeze: While the President's words provided a temporary floor for the stock market, energy futures remained volatile. Analysts are looking for signs of a "Grand Bargain" with other oil producing nations to offset the loss of Iranian supply.
- The 48 Hour Window: Financial experts suggest the next 48 hours will be critical. If the administration does not announce a specific "tactical release" of oil, the "no reason to panic" message may lose its effectiveness.
- Public Perception: Across the country, the "Oil Price Surge" has become a central focus of dinner table conversations, with the President’s "Master Plan" rhetoric being put to its most significant test since the start of his second term.
Price Gouging v. Free Market
On March 9, 2026, the "Legal War" over the energy crisis shifted to the Department of Justice and state attorneys general.
- The Gouging Crackdown: Attorney General Pam Bondi announced a "Strike Force" to investigate oil companies for potential price gouging. "We will not allow corporations to use a military conflict as a cover for predatory pricing," Bondi stated.
- The Regulatory Shield: Simultaneously, the White House is preparing to utilize "Emergency Economic Powers" to temporarily suspend federal gas taxes, a move that would trigger a complex legal battle over the President's authority to alter tax structures without a direct act of Congress.
- The "Force Majeure" Defense: Legal teams for major energy firms are reportedly preparing "force majeure" declarations, arguing that the wartime conditions in the Persian Gulf have made traditional delivery contracts impossible to fulfill at previous prices.
"Winning the War, Winning the Economy"
President Trump concluded the interview by linking military success directly to economic stability. He argued that the "decapitation" of the Iranian threat would ultimately lead to a more stable and prosperous global market.
For the Trump administration, the goal is to project an image of "organized dominance" where every move is calculated. For the American consumer facing a surge at the pump, the goal is to see if the "Plan for Everything" can deliver the "Great Deal" the President has promised.