Trump’s continued insane non-war with Iran (that he’s won) is driving up oil prices again.
The price of oil surpassed $100 a barrel for the first time since July after attacks on oil facilities and ships in the Middle East threatened to debilitate an already weakened supply chain.
Brent crude, the international standard, jumped nearly 3% to $100.72 early Wednesday.
U.S. benchmark crude gained 2.4% to $95.25 a barrel, and U.S. gasoline prices rose sharply overnight.
The average price for a gallon of regular gasoline ticked up 7 cents overnight to hit $4.22, now more than a dollar above what it cost at this point last year, according to AAA.
This means people will not be able to heat their homes this winter.
The stock market is finally realizing that Trump’s adventure in the Middle East is going to cost the corporations their profits here at home.