The media has no right to blame Trump for this!
Oil prices skyrocketed Friday after Israel launched a powerful air assault on Iran’s nuclear and military infrastructure, rattling global energy markets and renewing fears of a broader Middle East conflict under President Trump’s watch.
The U.S. benchmark, West Texas Intermediate, surged nearly 6%, climbing to $72 per barrel, while Brent crude—the global standard—spiked 10%, reaching its highest point since January at $73.50.
This sharp increase reflects growing market anxiety over potential retaliation from Iran. Analysts are warning that any disruption to Iran’s oil exports—or a military escalation that threatens the Strait of Hormuz, through which 20% of the world’s oil flows—could send prices soaring even further.
Energy strategist Andy Lipow explained that recent boosts in oil production from OPEC+ may have been preemptive, anticipating a sharp decline in Iranian exports. He estimated that removing Iranian oil from the market could drive prices up another $7.50 per barrel—but if Hormuz is impacted, $100 oil could be on the table.
Veteran analyst Phil Flynn, of The PRICE Futures Group and a FOX Business contributor, urged caution. While markets often overreact to geopolitical tensions, he noted there’s been no confirmed damage to oil facilities so far.
Flynn also pointed out that Iran likely lacks the military strength to block the Strait of Hormuz—especially after the Israeli strikes reportedly eliminated key Revolutionary Guard leaders.
“This isn’t just about energy prices—it’s about regional power dynamics,” Flynn said. “And right now, under President Trump, U.S. allies like Israel are not backing down.”
He added that oil markets could stabilize in the coming days, but the threat of prolonged instability is real—and consumers should brace for continued price volatility at the pump.
🔻 Conclusion
As the Trump administration stands firmly behind Israel and closely monitors Iran’s next move, Americans are once again reminded how foreign policy can hit home—especially at the gas station.
