As Crude Oil Prices Spike Amid U.S.-Iran Conflict, Warren Buffett Once Warned that the Government Is ‘Exceptional’ at ‘Printing Money and Creating Promises’ But Can’t ‘Print Gold or Create Oil’

Written on 03/06/2026
Oscar Cierpial

Warren Buffett's past comments can provide insight into the current environment of surging oil prices in the wake of the U.S.-Iran war. Here's what the Oracle has had to say.2 pumpjacks at sunset by vadimrysev via iStock
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