
Trump Iran War Threats Fuel Oil Surge Past $100
President Donald Trump threatened to dismantle Iran's oil and power infrastructure without a rapid peace deal, causing WTI oil prices to exceed $100 per barrel. This surge pressured U.S. stock markets lower, with the S&P 500 nearing correction levels, and lifted aluminum prices to a four-year high over supply worries. A report alleged that Defense Secretary Pete Hegseth's associate sought defense investments ahead of the conflict, but the Pentagon refuted it as false. U.S. Marines have arrived in the region as the administration weighs a ground campaign. Federal Reserve Chair Jerome Powell emphasized that inflation expectations stay stable despite higher energy prices.






















