Trump's Iran War Claims Ignored, Oil Prices Soar
Madison News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Despite President Trumps claims of a swift end to the war in Iran, oil prices surged eleven percent following his latest statements. Markets remained unfazed by his previous optimistic announcements, and his recent assertions of a near-conclusion to the war were overshadowed by threats of further US bombings and calls to reopen the Strait of Hormuz. Energy experts predict months of high oil prices, potentially pushing gas prices over four dollars a gallon and impacting various sectors of the economy. The White House maintains their energy plans have prepared the nation, but experts warn of a prolonged recovery, which could significantly influence voter sentiment ahead of the midterms.
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