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Home > Marketplace with Kai Ryssdal > Despite Iran conflict, U.S. oil production is unlikely to budge
Podcast: Marketplace with Kai Ryssdal
Episode:

Despite Iran conflict, U.S. oil production is unlikely to budge

Category: Business
Duration: 00:26:04
Publish Date: 2025-06-23 22:35:00
Description:

After launching air strikes on Iranian unclear facilities over the weekend, President Trump posted to Truth Social, demanding that U.S. oil firms “drill, baby, drill.” Although ongoing conflict in the Middle East could balloon oil prices, it’s unlikely that domestic producers are racing to ramp up production just yet. Also in this episode: Renting may be more appealing than buying right now, Treasury auctions see stability, and tariffs threaten the success of a Wyoming trona mine.


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