Oil Smashes $114 as Trump Shrugs Off Global Market ‘Bloodbath’
"A small price for peace": As the Strait of Hormuz goes dark and Asian markets collapse, the President tells a panicked world that only "fools" would prioritize cheap gas over a nuclear-free future.
The global energy market has entered a state of total shock. For the first time since the 2022 invasion of Ukraine, crude oil has shattered the $110 ceiling, with Brent and WTI both trading at a staggering $114 per barrel. The 25% single-day surge comes as "Operation Lion’s Roar" intensifies, pushing the world toward a choice between economic stability and regional security.
The Trump Doctrine: "Only Fools"
While Wall Street and European capitals reel, President Donald Trump took to Truth Social to double down on the mission.
"Short-term oil prices, which will drop rapidly when the destruction of the Iranian nuclear threat is complete, are a very small price for the U.S. and the World to pay for safety and peace. Only fools would think otherwise."
Hormuz: The $150 Threat
The primary driver of the spike is the total paralysis of the Strait of Hormuz. Roughly 20 million barrels of oil, one-third of the world’s seaborne supply, is currently trapped in the Persian Gulf. Tehran has officially declared the strait closed, threatening to set fire to any vessel attempting a crossing.
Experts are sounding the alarm:
Global Fallout: "The Red Monday"
In the U.S., the average price of a gallon of gas has jumped 47 cents in a single week to $3.45, while diesel has hit $4.60. In Asia, the situation is even more dire, with jet fuel prices skyrocketing by nearly 200%.
The ripple effect has triggered a "Red Monday" in Asian stock markets: