U.S. President Donald Trump speaks during a press conference at Trump National Doral in Miami, Fla., on March 9, 2026. Saul Loeb/AFP
DORAL, Fla.—U.S. President Donald Trump announced on March 9 plans to lift sanctions on certain countries to help reduce prices driven by the ongoing conflict with Iran.
“We’re looking to keep the oil prices down,” Trump said during a press conference at Trump National Doral in Miami, Florida. He said that the prices have risen artificially due to the conflict, calling it an “excursion.”
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