Donald Trump Promises 'Economic Warfare' and Oil Prices Immediately Skyrocket
Gas prices are about to get personal because the White House just declared war on the global economy to spite Iran.
It started with a post from Donald Trump, who apparently got ghosted by Iran after a deal offer. Instead of just blocking them on social media, the US is launching what he calls the 'most crushing economic operation ever.'
Nobody actually knows which countries are getting hit or how, but the market didn't wait for details. Oil prices jumped 3% instantly, because nothing screams stability like vague threats of global economic isolation. Meanwhile, the United Arab Emirates is done with the drama and has cut all trade with Iran after a missile scare.
It is nice to know the global energy supply is now officially held together by temper tantrums and late-night posts. Hopefully, everyone enjoys paying extra at the pump for the privilege of being part of this historic standoff.
Source: CNBC
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