Reminds too of Trump's influence on the gasoline price today. His pulling out of the Iran nuclear deal and his... April 22, 2019
The Trump administration’s decision not to grant any more sanctions waivers to countries that import oil from Iran is part of a maximum pressure strategy intended to cut off a critical source of revenue and force Iran to the negotiating table. But it will likely result in an increase in oil prices, resistance from countries that continue to buy Iranian oil, and a backlash from Tehran, according to Atlantic Council analysts. https://www.atlanticcouncil.org/blogs/new-atlanticist/trump-ends-sanctions-waivers-for-countries-importing-iranian-oil/