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Trump Threatens Iran, Jawbones Oil Higher

Trump Threatens Iran, Jawbones Oil Higher
Screenshot DVIDS

In the face of collapsing oil prices that actually saw the spot price of West Texas Intermediate (WTI) go well below zero as storage capacity ran out in the United States, U.S. President Donald Trump today jawboned the price of oil higher to protect this vital American industry by threatening Iran whose fast boats continue to harass U.S. Navy ships in the Persian Gulf.

NORTH ARABIAN GULF (April 15, 2020) Iranian Islamic Revolutionary Guard Corps Navy (IRGCN) vessels conducted unsafe and unprofessional actions against U.S. military ships by crossing the ships’ bows and sterns at close range while operating in international waters of the North Arabian Gulf. U.S. forces are conducting joint interoperability operations in support of maritime security in the U.S. 5th Fleet area of operations, wrote the Defense Vital Information Distribution Network.

WTI for June delivery spiked approximately 30% as of writing this post.

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4 comments

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KEVIN April 22, 2020 at 5:28 pm

THAT’S NOT A THREAT ITS A RESPONSE TO A THREAT ,GET IT RIGHT YOU LEFTWING NUTJOB.

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M. Ham April 23, 2020 at 12:49 am

I submit that most liberals were shoved around as kids by their peers and, VOILA ! A leftist was born.
They prefer to run away from conflict, which is why a brawler like President Trump bothers them so much.

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michael j allison April 28, 2020 at 2:26 am

I have been following this since it happened. This is the first site that I have seen the video of it. Thank’s.

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michael j allison April 28, 2020 at 3:09 am

I wonder what would happen if the strait of Hormuz was to be closed for the rest of this decade? Clogged with sunken supertankers and various warships.

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