U.S. President Donald Trump, Secretary of State Marco Rubio, Interior Secretary Doug Burgum and U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., attend a cabinet meeting at the White House (Reuters)
Daily Blast podcaster Greg Sargent says President Donald Trump’s advisors are panicking as creeping oil prices prepare to wreck voters and molly-whop the White House.
“The global fiasco that Donald Trump has created around the Strait of Hormuz is rapidly getting worse,” said Sargent. “An international agency says the closing of the strait is creating the largest global oil supply disruption in history. … [and] CNN reports that there’s rising alarm and urgency within the administration over it, and Trump just unleashed a bizarre tweetabout the situation that underscores just how lost he truly is.”
International relations professor Nicholas Grossman told Sargent that there is no reason to believe Trump’s advisers did not warn the president that invading such a large Middle Eastern nation would cause a chain reaction that would impact not only gas prices both here and across the world, but also fertilizer and food costs.
“This was the explicit thing that we saw coming. By “we,” I mean the broad national security community,” said Grossman. “It is very likely that people inside the military and the national security establishment told this to the White House — whether Trump himself heard it, or didn’t listen, or others tried to tell him, who knows? But this was the exact reason why we said: Yes, confront Iran, but in smarter ways, as opposed to this one thing. This is their big leverage — don’t play into it. And now the U.S. has, and it’s not going to clear up soon.”
Sargent said reports reveal that officials themselves are starting to seriously panic all around Trump.
“The CNN report says those officials have ‘frantically’ sought ways to ease the crisis — they’re exploring a whole bunch of options, like getting oil companies involved, unleashing reserves, that type of thing,” said Sargent, but surmised that there was little Trump could do to stop the boulder rolling at this point.
Grossman agreed, saying “they ran into something that they can’t bull—— their way through.”
“This reminds me of COVID in the first term — although in this case it’s something of Trump’s own doing,” Grossman said.
Trump’s recent social media posts claiming that short-term price hikes are “a very small price to pay” said Sargent, are not going to get far with American voters. And his claim that the U.S. will make a lot of money when prices go up is equally unconvincing.
Grossman corrected that argument, clarifying that oil companies make money, not Americans, as foretold by the resulting slump of the U.S. stock market.
“… [I]f anybody claims anything definitive about what’s going to happen, they are wrong,” Grossman warned.
From Your Site Articles
- Trump says the 'quiet part out loud' with brag US makes 'a lot of money' from oil crisis ›
- 'I’m a fool I guess': MAGA voter snaps after Trump attacks those questioning war ›
- Trump's top plan faces reality check as data guru shows it won't likely gain traction ›
Related Articles Around the Web