Trump’s War Talk, Iran, and the Global Market Panic
As CNBC reported Monday, the blockade has reignited market fears beyond the oil price, with analysts warning that Hormuz closure paired with infrastructure strikes could push Brent toward $150 per barrel. White House spokeswoman Karoline Leavitt said the administration “will always act within the confines of the law,” which sounds like a line lifted from a fortune cookie. Annie Shiel, US Director at Center for Civilians in Conflict, called Trump’s earlier threats “appalling,” noting: “President Trump is threatening to destroy infrastructure that is essential for civilian survival.”


