The Huffington Post
President Donald Trump smiles at supporters after speaking at a rally at the North Charleston Convention Center on February 14, 2024, in North Charleston, South Carolina. On Wednesday, US President Donald Trump — who has an estimated net worth of more than $6 billion , made mostly through crypto in the past year — spoke to House Republicans at the National Republican Congressional Committee fundraising dinner and essentially admitted that he knew that his little “excursion” to start a war with Iran would make everything more expensive. And more important, he really doesn’t care. “I thought it was going to be much worse. I thought that the energy prices, oil prices, would go up higher. I thought the stock market would go somewhat lower,” Trump said. “But it didn’t matter to me. It’s short-term.” He continued, “What we had to do is get rid of the cancer. We had to cut out the cancer. The cancer was Iran with a nuclear weapon, and we’ve cut it out. Now we’re going to finish it off.” Trump on Iran: I thought that the oil prices would go up higher. I thought the stock market would go somewhat lower. But it didn't matter to me. pic.twitter.com/AaJgbTN9PF — Acyn (@Acyn) March 26, 2026 Leading up to these remarks, Trump also claimed that “numerous” other US presidents from the past 47 years said they “wished” they had started a war with Iran but “didn’t have the guts to do it.” Last week, Trump made a similar claim , and went so far as to say that one of the only four living US presidents told him, “‘I wish I did it, I wish I did,’ but they didn’t do it.” When asked by reporters which former president Trump was referring to, Trump replied, “I can’t tell you that. I don’t want to embarrass him.” This prompted MS NOW to reach out to Bill Clinton, Barack Obama and Joe Biden, who all confirmed that they never spoke to Trump about Iran. George W. Bush confirmed the same thing to The Wall Street Journal . Last week, gas prices shot up about 30% nationally , with the price of crude oil at $99.75 per barrel as of Wednesday, Forbes reports . The spike in cost is mostly due to Iran retaliating against the attacks by effectively blocking the Strait of Hormuz, a vital oil shipping route on the country’s southern coast. “I feel like we’re being squeezed everywhere else,” Ashley Brown, a hairstylist based in Seattle, told HuffPost last week about adjustments she’s making due to higher gas prices. Brown said she decided to take a train, rather than drive her car to work, which has doubled her commute time. “The cost of doing business, the cost of groceries, the cost of living. And now with gas going up, there’s just no room,” she said. Related... Donald Trump Describes British Aircraft Carriers As 'Toys' In Latest Swipe At UK Donald Trump Just Repeated His Favourite Piece Of Misinformation About Nato How Trump's War In Iran Is Set To Deliver A Hammer Blow To UK Economy
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