Trump blasts allies as Iran conflict and Hormuz closure push oil prices higher

1 min read
Source: Yahoo
Trump blasts allies as Iran conflict and Hormuz closure push oil prices higher
Photo: Yahoo
TL;DR Summary

President Donald Trump accused allied governments of not joining a widening conflict with Iran, telling them to “go get your own oil” as Iran’s attacks and the Strait of Hormuz disruption push Brent crude around $107 a barrel and lift U.S. gas prices above $4 per gallon. The escalation—marked by U.S. strikes on Iran and Iranian strikes on regional targets—has roiled global markets and raised the risk of a broader war, while European countries have offered limited involvement and debated airspace and base access.

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