[Trump Considers Measures to Curb Energy Prices, Options Include Restricting U.S. Oil Exports] BlockBeats News, March 10 – According to two informed sources, U.S. President Trump is expected to review a series of proposals to curb oil prices as early as Monday. Oil prices have surged above $100 per barrel due to the impact of the Iran war. This move reflects the White House's concern that soaring oil prices will harm the interests of American businesses and consumers, especially with the midterm elections in November approaching, as Trump's Republican Party aims to maintain control of Congress. Sources said U.S. officials in Washington have been discussing with their counterparts from major economies in the Group of Seven (G7) the possibility of jointly releasing strategic reserve crude oil, which is one of several measures currently under consideration. Other options, according to sources, include restricting U.S. oil exports, intervening in the oil futures market, exempting certain federal taxes, and repealing provisions of the Jones Act that require domestic fuel to be transported only by vessels flying the U.S. flag. Analysts pointed out that as long as the conflict continues to obstruct transportation through the Strait of Hormuz, U.S. policy options will have minimal impact on the global oil market. (Jin10)