Large bets placed on oil and defence before Trump’s Iran announcement, reports say
Roughly $500 million in war-related bets on oil and defense futures were placed hours before President Trump’s public Iran announcement, Bloomberg and the Bangkok Post independently flagged the activity. Those trades coincided with sharp spikes in oil and defense stock futures ahead of the post, lifting crude risk premiums as markets priced in potential disruption to shipping through the Strait of Hormuz. Because the bets preceded the public statement, the episode raises questions about whether traders had advance information and it means higher gasoline prices for consumers and greater volatility for investors.
Remember $2.98 a gallon for gas? That was BEFORE Trump started a war with Iran. Now you’re paying at least $4.05 for the privilege of driving to work. He didn’t just break his promise — he broke your budget. This is what reckless leadership costs. #TrumpsGasCrisis #USDemocracy #Pinks
Someone needs to post a pic of price on 1/20/25 @11:59 am and now!
Biden wasn’t so bad after all, dip shit Trump voter’s!!!
(I remember 29.9c/gal gas, for years.)
⛽️ The average price of a gallon of gas hit $4.39 this morning — up 9¢ in just 24 hours, and 47% higher than before the Iran war. A month ago, it was $4.06. A year ago, it was $3.19. This is ALL Trump’s fault! 😡
Gas was under $3 before Trump. Now it is over $4 and rising while he focuses on a White House ballroom renovation. A ballroom? People are struggling to eat and he is picking out wallpaper. This is unacceptable. #TrumpsGasCrisis
Donald Trump has destroyed everything, yet they still let this monster remain in the White House playing president! 😠
Trump has proven that when your brain cells are displaced by a soup of hatred, greed, and fat it's difficult to make rational decisions.
Human-caused war, human-caused climate change consequences, human-caused Sixth Mass Extinction of Species and Americans are asked about gas prices?
Then marble to more expensive granite for his dance hall while Americans suffer.