Trump: The US is the largest oil producer, when oil prices go up, we make a lot of money

President Donald Trump said on Thursday the United States stood to make significant money from oil prices driven higher by the war with Iran, prompting criticism from some lawmakers who accused him of caring only about rich people.

Oil prices jumped more than 9% to $100 a barrel, as the U.S.-Israeli war with Iran widened. Two crude tankers blazed in an Iraqi port after a hit by suspected Iranian explosive-laden boats, while scores of other oil-laden ships remained stranded with the Strait of Hormuz shuttered.