POLITICS: Middle East Chaos BREWS—Oil Spike Fears Soar – USSA News

Iran Threatens to Close Strait of Hormuz After US Airstrikes, Potentially Sending Oil Prices Skyrocketing to $130 Per Barrel

Following the United States’ recent airstrikes on Iranian nuclear facilities, Iran’s parliament has voted to close the strategic Strait of Hormuz shipping channel in retaliation. This crucial waterway handles a staggering fifth of the world’s oil consumption, making any disruption a potential economic catastrophe. Oil prices have already surged more than 10% since mid-June due to escalating tensions in the region, with analysts now predicting prices could rocket to $130 per barrel if the strait remains closed for an extended period. The situation threatens to trigger a global economic crisis marked by rampant inflation and energy shortages at a time when many Americans are already struggling with record-high prices.

US Military Actions Spark Global Oil Market Panic

President Trump’s decision to bomb three Iranian nuclear sites has set off a chain reaction in global energy markets that’s about to hit every American right in the wallet. While the administration celebrates what they’re calling a successful military operation, the rest of us are about to pay the price at the pump. Brent crude oil prices have already jumped 11% since Israel’s recent attack on Iran, and analysts are warning this is just the beginning. JP Morgan is forecasting oil prices could hit a wallet-crushing $130 per barrel if Iran follows through on closing the Strait of Hormuz for any significant period.

What’s particularly infuriating here is how predictable this all was. Any first-year political science student could tell you that attacking a major oil-producing nation would disrupt global energy markets. Yet here we are, watching as shipping costs for crude from the Middle East to China have already surged and insurance premiums have skyrocketed. Meanwhile, there are reports of GPS signal jamming in the region causing safety risks for vessels, with tanker collisions already occurring. But don’t worry – I’m sure the administration has a brilliant plan for how American families will afford $7 gasoline.

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GLOBAL REACTIONS TO THE DESTRUCTION OF FORDOW NUCLEAR SITE AND ESCALATION OF U.S.-IRAN CONFLICT!

B-2 bombers strike Iran’s Fordow nuclear facility, marking a serious U.S. escalation. Global leaders react — Israel praises, Iran vows retaliation, and legal warfare begins. Markets… pic.twitter.com/4F8Nh7EWKT

— Naeem Aslam (@NaeemAslam23) June 22, 2025

Iran’s Potential Response Could Devastate Global Energy Supply

The real question now is how Iran will respond, and they’ve got plenty of options – none of which are good for American consumers. Energy analysts are warning that Iran may target critical oil infrastructure and shipping routes in retaliation. This isn’t some hypothetical threat – Iran has been clear about its willingness to disrupt global oil flows when threatened. And they’re perfectly positioned to do so, with the Strait of Hormuz functioning as a chokepoint through which approximately 20% of the world’s oil supply must travel.

“Much depends on how Iran responds in the coming hours and days — but this could set us on a path toward $100 oil, if Iran responds as they have previously threatened to. This US attack could see a conflagration of the conflict to include Iran responding by targeting regional American interests that include Gulf oil infrastructure in places such as Iraq, or harassing passage through the Strait of Hormuz.” – Saul Kavonic

While the liberal media focuses on the military aspects of this conflict, they’re conveniently ignoring the economic warfare that’s about to be waged against everyday Americans. The timing couldn’t be worse – with inflation already crushing family budgets, a spike in energy prices will ripple through everything from transportation costs to food prices. And for what? Another Middle Eastern conflict with no clear exit strategy or measurable objectives beyond vague promises of “increased security.”

Financial Markets Brace for Impact as Investors Seek Safety

The financial fallout from this military adventure is already beginning. Investors are flocking to safety as global markets assess the impact of the US attacks. We’re looking at potentially lower equity prices, rising crude prices, and a stronger dollar – a combination that typically signals economic turbulence ahead. Defense contractors like Raytheon Technologies and Lockheed Martin are positioned to rake in billions, while average Americans will watch their retirement accounts shrink and their cost of living soar.

“The initial reaction will be a flight to safety and equities will probably be weaker” – Neil Birrell

This pattern is all too familiar. The military-industrial complex gets richer, the global energy cartels increase their profits, and hardworking Americans foot the bill through higher prices and economic instability. While Wall Street analysts are busy recommending investors “overweight energy equities due to geopolitical instability,” nobody’s advising American families on how to overweight their budgets to handle $5+ gasoline. The disconnect between Washington’s foreign policy decisions and their impact on Main Street has never been more apparent.

The True Cost of American Foreign Policy

If there’s one thing this situation perfectly illustrates, it’s how foreign policy decisions made in Washington have direct economic consequences for every American. When gas prices inevitably spike in the coming weeks, remember that this isn’t just about events halfway around the world – it’s about an approach to international relations that consistently prioritizes military action over economic stability. The Constitutional framers warned against foreign entanglements precisely because they understood how wars abroad could threaten liberty and prosperity at home.

“An oil price jump is expected” – Jorge León

The cruel irony here is that as America has become energy independent in recent years, we’ve simultaneously pursued foreign policies that undermine that independence by destabilizing global energy markets. Now, instead of focusing on American energy production and economic growth, we’re dragged back into the quagmire of Middle Eastern conflicts and their inevitable economic fallout. The Constitution doesn’t authorize the federal government to be the world’s police force, especially when the cost is borne by Americans already struggling with historic inflation.

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