Trump: Oil Price Hike Temporary, "Small Price" for Global Security Amid Iran Attacks

• Donald Trump assures current oil price surge is temporary, a "small price" for global security, expecting a fall after Iran's nuclear threat is eliminated.
• Joint US-Israel attacks on Iran have caused a sharp rise in oil prices, with Brent crude hitting $115/barrel, highest in three and a half years.
• This is the first significant weekly oil price increase since March 1983, fueled by West Asia's war-like atmosphere and supply disruptions.
• US Energy Secretary Chris Wright indicates Americans might endure higher gas prices for several weeks.
• Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, is elected Iran's new Supreme Leader; his future decisions and impact on oil prices are yet to be seen.