Oil Prices Rise Again with as White House Mulls More Attacks on Iran
Axios said the Pentagon directed Central Command to finish strike plans as Brent crude climbed above $105 and Treasury yields hit a 24-year high.
- President Donald Trump is weighing new military strikes against Iran, sending markets lower as investors reacted to uncertainty. The Dow Jones Industrial Average dropped about 190 points.
- Pentagon planners are "weighing options" for military action against Iran before midterm elections, though the White House indicated all options remain available. President Donald Trump has made no final decision.
- Brent climbed to $105.90 per barrel, while the 10-year Treasury yield touched 5.36%, marking a new 24-year high. These elevated levels force Investors to demand higher earnings growth before accepting equity risk.
- Higher Diesel costs at $6.28 per gallon feed inflation and keep interest rates elevated, complicating the Federal Reserve's inflation fight. Such pressures shrink room for monetary relief while hitting corporate margins.
- Will Walldorf, a senior fellow at Defense Priorities, noted that military action often fails to drive down Oil prices. With midterms approaching, any substantial Trump White House action could influence voter attitudes.
32 Articles
32 Articles
A Wake Forest Professor Says Military Action on Iran ‘Has Done Nothing to Drive Down Oil Prices’ and Pushed Them Higher Instead
President Donald Trump doesn’t seem to believe in surprise when it comes to military attacks. Throughout the Iran War, he has frequently spoken about wanting to attack specific locations or targets, often stating in interviews or at rallies that he’s thinking about going forward with such attacks. Sometimes he has carried out those attacks, and other times he hasn’t. Gas Prices in Davenport, Florida. Image by National Security Journal. And now, …
Dow Tumbles, Oil Surges, and Yields Rise to New 24-Year Highs as Trump Considers Ramping Up Iran Attacks
Wall Street can absorb plenty of bad news when corporate profits keep growing. The trouble starts when a single development threatens earnings and makes stocks less attractive to own at the same time. Rising energy prices can do exactly that. Consumers have less money to spend, businesses face higher expenses, and inflation makes it harder […]
New Iran war fears send oil past $105 with diesel already sky high - The Daily Bo Snerdley
Oil prices jumped Thursday as President Donald Trump weighs whether to restart large-scale strikes on Iran — with diesel already sitting above $6 a gallon. Brent crude, the global benchmark, climbed above $105 a barrel in early trading, up more than 5 percent, and the U.S. benchmark neared $93, NBC News reported. Trump has not decided whether to restart combat operations, according to people familiar with the talks who spoke to the outlet. The D…
Rising energy prices, inflation risks and high financing costs burden US banks. At the same time, the AI investment boom continues.
Coverage Details
Bias Distribution
- 54% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
