Oil prices spike after Trump vows to continue the war, threatens to bomb Iranian power plants
President Donald Trump’s primetime address did little to calm energy markets roiled by the war in Iran, as the price of oil climbed higher in the minutes following his speech.
The price of brent crude, the global oil benchmark, was spiking by more than 4% to over $105 per barrel after Trump vowed to continue the conflict for another few weeks — and his renewed threat to bomb Iran’s power plants if it fails to agree to his demands.
WTI, the US oil benchmark, climbed more than 3% in the wake of the speech to more than $103 per barrel.
The markets’ immediate reaction prompted a sarcastic review from conservative commentator Ann Coulter, who posted a screenshot of the rising oil futures on X and wrote: “Trump’s magnificent speech got results! Way to go, Mr. President!”
The US stock market also signaled discontent with the speech in off-hours trading, with the Dow Jones and S&P 500 futures both sinking.
He didn't say anything new in his speech, just a lot of contradictions. Basically his Truth Social posts put together.
And that the war will last a few more weeks. It's going to be like that Gaza ceasefire that was just a few weeks away for over a year and still isn't much of a ceasefire.
Anyway if Trump doesn't stop Netanyahu, Iran won't stop retaliating. Netanyahu isn't going to stop bombing Iran and assassinating its leaders and scientists until he's either in prison or dead. US and Israel desperately need regime change.
