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White House Preparing Plan to Stabilize Oil Markets: Rubio

White House Preparing Plan to Stabilize Oil Markets: Rubio

Last updated: March 3, 2026 7:48 pm
By Andrew Moran
1 Min Read
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Crude oil prices surged 8 percent following the joint U.S.-Israel strikes in Iran.

White House Preparing Plan to Stabilize Oil Markets: Rubio

A man puts gas at a gas station in Elkridge, Md., on Nov. 12, 2025. Madalina Kilroy/The Epoch Times

Andrew Moran

Andrew Moran

3/2/2026|Updated: 3/3/2026

0:00

The White House is preparing to unveil a strategy aimed at bringing down rising energy prices following the joint U.S.-Israel operations in Iran, said Secretary of State Marco Rubio.

Rubio, speaking to reporters on March 2, stated that Energy Secretary Chris Wright and Treasury Secretary Scott Bessent would announce efforts to mitigate increasing oil and gas prices.

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