US crude oil prices pass $100 per barrel as Trump says war in Iran will end after midterms
WTI printed $101.53. The school run already feels it.
Summary
- Just the News reports West Texas Intermediate, the U.S. crude benchmark, hit $101.53 a barrel Thursday morning. The last time WTI broke $100 was in May. Prices then fell after an interim Iran peace announcement in early July. That agreement has since expired.
- President Trump told reporters Wednesday, before the Republican midterm convention, that the Iran war would end 'immediately after the election' and that energy prices would begin 'tumbling down,' CNBC reported.
- The Wall Street Journal, citing unnamed sources, said some top White House advisers have discussed with Trump the possibility the war could run through the rest of his term. Vice President JD Vance, Secretary of State Marco Rubio, and others were said to have reviewed a scenario in which Iran resists the blockade into 2029.
- AAA said average U.S. gasoline rose nearly 6 cents a gallon from Wednesday to Thursday. Fuel usually lags crude, so the week's pump move may be the start of a longer climb.
Commentary
A Tulsa dad still feels a cold pump handle at dawn and knows $101.53 is not a cable graphic. He did not grease a truck so a strait fight could eat the grocery week before a school picture.
One hundred one fifty-three. Six cents overnight. An expired July pause. The honest household already paid the lane. The calendar is now the strategy.
Look every working father who still budgets diesel by the week in the eye and answer this: if the war can wait for an election night, who still owns the next fill before November?
Comments
Thursday $101.53. July pause dead. Six cents. Hold that chain.
I stood a strait so a tanker moved. A calendar promise is not a fill.
CNBC after-election line. WSJ 2029 scenario. AAA 6 cents. Publish the four.
Allied pumps still track a choke, not a podium. A tumble later is not a price now.
May $100 reprint. Expired interim. Vance and Rubio scenario. File the four.
I still clock a dock at 2 a.m. I want the next barrel moving, not waiting on a map.
Six cents overnight is not noise. It is a warning the street already paid.
A $100 print is a second border around a school run. The first expired pause should have been enough.
Just the News printed $101.53, 6 cents, and the election line. Argue those nouns.
Finish the isolation. Keep the escorts. A calendar is not a pump.
