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Trump Says Americans' Money Woes Don't Matter 'Even A Little Bit' In Iran Talks As Gas Prices Soar— 'I Don't Think About Anybody'

benzinga_article
May 13, 2026 at 12:20 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

President Trump stated that Americans' financial struggles are not influencing negotiations with Iran, emphasizing that preventing Iran from obtaining nuclear weapons is the priority. His comments came amid rising gas prices, with the national average reaching $4.511 per gallon. Trump is set to meet with Chinese President Xi Jinping, where energy security and the Iran conflict will be key topics. Analysts warn that gasoline prices could hit $5 per gallon if disruptions in the Strait of Hormuz continue.

President Donald Trump said Tuesday that Americans' financial struggles are "not even a little bit" motivating his administration's negotiations with Iran, arguing that preventing Tehran from obtaining nuclear weapons remains the administration's only priority.

Speaking to reporters on the White House South Lawn before departing for China, Trump was asked how much Americans' financial situation was influencing efforts to reach a deal tied to the Iran conflict.

"Not even a little bit," Trump responded.

"The only thing that matters when I'm talking about Iran, they can't have a nuclear weapon," Trump added. "I don't think about Americans' financial situation, I don't think about anybody."

Trump's remarks also came a day after hotter-than-expected U.S. inflation data showed prices rising faster than expected in April. Inflation climbed to 3.8%, above economists' expectations of 3.7%, as higher energy and gasoline prices linked to disruptions around the Strait of Hormuz continued to increase costs for consumers.

Read Also: Iran's Exiled Crown Prince Slams Trump's 'Mixed Signals' To The Islamist Regime, Says It's Time To 'Finish The Job'

China Trip, Oil Risks In Focus

Trump's remarks came before departing for China for a high-stakes summit with Chinese President Xi Jinping, where energy security, the Iran conflict and the Strait of Hormuz are expected to remain major discussion points.

Earlier reporting outlined that the Trump-Xi meeting could include discussions around global energy flows, U.S. oil exports and efforts to stabilize shipping through the Strait of Hormuz, a critical route for global crude and LNG shipments.

The comments also come as fuel prices continue rising across the U.S. AAA data showed the national average gasoline price reached $4.511 per gallon on Wednesday, compared with $4.125 a month ago.

In a post on X on Tuesday, Patrick De Haan, head of petroleum analysis at GasBuddy, said gasoline prices could reach $5 per gallon as early as June if the Strait does not reopen soon.

If the Strait doesn't re-open soon, I believe we could see the national average price of gasoline reaching $5/gal as early as sometime in June.

— Patrick De Haan (@GasBuddyGuy) May 12, 2026

Secretary of State Marco Rubio has also argued that a nuclear-armed Iran could disrupt global energy markets and sharply increase fuel prices by threatening shipping through the Strait of Hormuz.

Disclaimer: This content was produced with the help of AI tools and was reviewed and published by Benzinga editors.

Image via Shutterstock

Read Also: Adam Schiff Rips Trump Over White House Reflecting Pool Deal, Says The President's 'Art Of The Deal' Is And Always Will Be A 'Scam'

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