Donald Trump predicted a steady drop in oil prices, but global tensions tell a completely different story. With rising conflicts in Iran and critical oil reserves facing major shortages, a sudden market shift is inevitable.
International Brent Crude has already surged past the $75-per-barrel mark after a rapid succession of attacks at the world's most critical maritime chokepoints. In just 24 hours, three commercial oil tankers were struck by unknown projectiles in the Strait of Hormuz—including a UK-affiliated tanker that caught fire.
Are we on the verge of a major global energy crisis? Watch to find out how these escalating tensions could impact gas prices and the global economy.
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