Trump says short term oil price spikes ‘very small price’ for peace President Trump said spiking short-term oil costs triggered by Operation Epic Fury is a “very small price” to pay for peace. Trump posted on Truth Social Sunday that prices would “drop rapidly” once the “destruction of the Iran nuclear threat is over.” Oil prices have surged as Operation Epic Fury enters its second week – with the price of Brent crude oil spiking at almost $120 per barrel before falling back to $106.23. Shipping through the Strait of Hormuz – a vital artery which sees around 20% of the world’s global supply of
Trump says short term oil price spikes ‘very small price’ for peace President Trump said spiking short-term oil costs triggered by Operation Epic Fury is a “very small price” to pay for peace. Trump posted on Truth Social Sunday that prices would “drop rapidly” once the “destruction of the Iran nuclear threat is over.” Oil prices have surged as Operation Epic Fury enters its second week – with the price of Brent crude oil spiking at almost $120 per barrel before falling back to $106.23. Shipping through the Strait of Hormuz – a vital artery which sees around 20% of the world’s global supply of