Energy Security Crisis Drives Oil to Four-Year Highs Despite Trump Policy
Crude prices surged over 6% as Qatar warned Gulf producers could halt output within days due to Iran conflict, pushing WTI to $86 and Brent above $89. The Strait of Hormuz tanker traffic remains near standstill, creating the biggest weekly oil rally in four years and directly challenging Trump administration efforts to cool energy prices.
Geopolitical supply disruption is overriding domestic policy tools, signaling potential sustained inflationary pressure that could force Fed policy recalibration.
oil prices
geopolitical risk
inflation
energy security