EPISODE · Jul 8, 2026 · 0 MIN
Oil Prices Are About to Explode: What Trump Got Wrong
from Rational Boomer Podcast · host Mike M
Donald Trump predicted a steady drop in oil prices, but global tensions tell a completely different story. With rising conflicts in Iran and critical oil reserves facing major shortages, a sudden market shift is inevitable.International Brent Crude has already surged past the $75-per-barrel mark after a rapid succession of attacks at the world's most critical maritime chokepoints. In just 24 hours, three commercial oil tankers were struck by unknown projectiles in the Strait of Hormuz—including a UK-affiliated tanker that caught fire.Are we on the verge of a major global energy crisis? Watch to find out how these escalating tensions could impact gas prices and the global economy.
What this episode covers
Donald Trump predicted a steady drop in oil prices, but global tensions tell a completely different story. With rising conflicts in Iran and critical oil reserves facing major shortages, a sudden market shift is inevitable.International Brent Crude has already surged past the $75-per-barrel mark after a rapid succession of attacks at the world's most critical maritime chokepoints. In just 24 hours, three commercial oil tankers were struck by unknown projectiles in the Strait of Hormuz—including a UK-affiliated tanker that caught fire.Are we on the verge of a major global energy crisis? Watch to find out how these escalating tensions could impact gas prices and the global economy.
NOW PLAYING
Oil Prices Are About to Explode: What Trump Got Wrong
No transcript for this episode yet
Similar Episodes
Dec 5, 2025 ·50m
Oct 9, 2025 ·33m
Oct 3, 2025 ·40m
Sep 11, 2025 ·31m
Aug 27, 2025 ·39m
Aug 18, 2025 ·54m