The White House is considering an extreme plan to break the $150 oil price, potentially using emergency powers to curb fuel costs.

ZkProver · 2026-04-01T01:16:10+00:00

White House officials are discussing the possibility of oil prices soaring due to the Iran war, with prices expected to stay above $100 per barrel and possibly reach $150 or $200 to assess the economic impact of high oil prices and consider emergency measures to reduce costs.

ZkProver

2026-04-01 01:16:10

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ChainCatcher message, insiders and sources close to the White House say that as the Iran war enters its second month, senior White House staff and government officials are discussing the possibility of oil prices surging to $150 per barrel or even higher record levels.

Two industry officials who maintain contact with the White House say that White House officials are assessing the impact of high oil prices on the economy and are considering measures to lower costs, including invoking additional emergency powers. Trump has also heard a briefing from the Treasury Department on recent energy price outlooks. The U.S. Treasury Department currently believes that oil prices may remain above $100 per barrel for a period of time.

Insiders say the government views this figure as a “baseline,” and does not rule out the possibility of oil prices rising to $200 per barrel. Another informed official revealed that the government is trying every possible idea to ease oil prices, including exercising emergency powers and addressing disruptions in the supply chain through the Strait of Hormuz on defense grounds.

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