The Donald seems to think he has all the time in the world to end the conflagration he and Bibi started in the Persian Gulf. Today he even told the mullahs to take a hike when they suspended any further negotiations owing to Bibi’s brutal strikes on civilian targets in southern Lebanon and continued violations of the so-called April 13th truce in the Persian Gulf.
Thus, regarding the meandering negotiations of the last 45 days, the Donald averred,
“I don’t care if they’re over, honestly…I really don’t care. I couldn’t care less,”
Brave words, these. And completely, totally and hideously out to lunch, too.
What’s actually just around the corner is an explosion of oil and related energy prices that will make the 1970s look like a Sunday school picnic, but here we have the Donald talking just plain barking idiocy about what comes next:
He also said he wasn’t worried about oil prices, which spiked following the report in Iranian state media that Tehran is vowing to “completely block” the Strait of Hormuz in addition to halting negotiations.
“I think the oil will be dropping like a rock in the very near, you know, the very near distance,” Trump said.
The president of the United States – the alleged sagacious businessman we have purportedly been waiting for – couldn’t be more sadly mistaken about something as basic and straight forward as the price of crude oil, its refined products and related energy commodities: To wit, the Donald is absolutely clueless about the cardinal fact that there is one world oil market and ONE PRICE the planet over.
And that’s regardless of the fact that the US is now a large scale net exporter of crude oil, refined products and nat gas liquids. In recent weeks, in fact, the Persian Gulf outages have caused exports to soar 12.9 mb/d, which is up nearly 20% from the 10.8 mb/d average during 2025. In all, current net exports of petroleum liquids at 5.7 mb/d leave not doubt that the USA is solidly “energy independent”.
But when it comes to the massive Persian Gulf supply outage of upwards of 13 million barrels per day – even after leakage thru both the Iranian and US Navy blockades – so what!
Source: Antiwar.com
