The strategy has been successful in producing volatility in oil prices, but it remains to be seen if those price changes will prompt President Trump to reconsider — or even scale down — military operations in the region. “If you can tolerate oil prices above $200 per barrel, continue this game,” an Iranian military spokesperson said.
In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime.
Chris Cuomo opens “CUOMO” live from Israel with a monologue about the growing conflict with Iran, and questions how the Trump administration will achieve victory.
On Tuesday’s “Rob Schmitt Tonight,” Peter Navarro discussed the economics surrounding the Strait of Hormuz, the $300 billion oil refinery to open in Texas, and the recent jobs report.
The victory by Mr. Thompson, the state’s longest-serving Black Democrat, offers a counterpoint to the broader push nationwide for younger leadership in Congress.