Oil Swings 15% After Trump Threatens Then Pauses Iran Strikes
Oil markets are swinging wildly as U.S.-Iran tensions spike and cool within days, creating sharp price moves that investors are capitalizing on while consumers still face high gas prices.
According to Reuters and EIA data, U.S. crude stockpiles just rose for a seventh straight week, even as gasoline supplies fell and prices at the pump stayed elevated.
The real driver is geopolitical whiplash. Oil surged above $110 after President Donald Trump signaled further attacks on Iran, then plunged below $95 after a sudden ceasefire announcement.
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That volatility is fueling massive market reactions. Stocks jumped more than 1,000 points while oil dropped, showing how quickly capital shifts during uncertainty.
But consumers aren’t seeing relief. Gas prices remain above $4 per gallon due to supply chain lag and earlier high-cost inventories.
The result is a split economy: fast-moving investors benefit from price swings, while everyday drivers continue paying elevated fuel costs.
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