Trump's 'ONLY FOOLS' Claim About Rising Oil Prices Gets Hit With A Brutal Reminder
The president's comments come as the prices of both crude oil and gasoline surge amid the war with Iran.
Oil prices jumped above $100 per barrel Monday as President Donald Trump promised prices would drop after the joint U.S.-Israeli military operation targeting Iran’s “nuclear threat” concludes. Global benchmark Brent crude rose as high as $118 per barrel Monday morning before retreating to around $104, more than $10 above Friday’s close. It marked the first…
The president's comments come as the prices of both crude oil and gasoline surge amid the war with Iran.
NBC News correspondents Monia Alba, Allie Canal and Courtney Kube discuss the Trump administration’s plan to address volatile oil prices and the ongoing war with Iran. Jonathan Panikoff, director of the Scowcroft Middle East Security Initiative at the Atlantic Council, explains what to expect from Iran’s new supreme leader.
Stocks dropped Monday after a weekend of escalating strikes in the Middle East drove oil prices above $100 per barrel and raised fears of a global economic crisis. The Dow Jones Industrial Average fell 500 points after the opening bell Monday, dropping 1.1 percent. The S&P 500 index opened with a loss of 0.9 percent…
US President Donald Trump confronted mounting pressures on the 10th day of the Iran war as oil prices surged past $100 and the Islamic Republic announced the hardline son of the assassinated Ayatollah Ali Khamenei as its new supreme leader.
Oil prices exploded over 17% on Sunday, blasting past the $100 per barrel mark for the first time since the early days of Trump’s decisive strikes against the Iranian regime. The post Oil Prices Skyrocket 17%+ Crossing $100 Barrel Amid Iran Escalation — President Trump Fires Back: ‘Short-Term Pain’ for Long-Term Peace appeared first on The Gateway Pundit.