Trump Posts 1 A.M. Iran Rant as 20% of Global Oil Trade Stays Disrupted
Updated
Updated · HuffPost · Jun 1
Trump Posts 1 A.M. Iran Rant as 20% of Global Oil Trade Stays Disrupted
8 articles · Updated · HuffPost · Jun 1
At 1:02 a.m., Donald Trump told Americans to “sit back and relax” and said Iran “really wants to make a deal” even as U.S.-Iran hostilities resumed under a fragile ceasefire.
The post also lashed out at Democrats and “unpatriotic Republicans,” with Trump arguing domestic criticism makes it harder for him to negotiate over the three-month-old war.
That conflict has kept Iran’s Strait of Hormuz blockade in place, disrupting a passageway for about 20% of global oil and pushing crude roughly 50% above prewar levels.
Higher oil has fed through to U.S. fuel prices and inflation, despite Trump’s repeated claims that the war was effectively won and his insistence that Americans’ financial situation is not guiding his Iran policy.
Experts claim the war's objectives failed. Has the conflict inadvertently created a more dangerous and resilient Iran?
With the global economy strained, what is the plan if Iran permanently controls access to the Strait of Hormuz?
Is the protracted Iran conflict creating a power vacuum for rivals like Russia and China to exploit globally?