Home Business news Oil hits two-month high as Trump threatens Iran’s trading partners, and warns...

Oil hits two-month high as Trump threatens Iran’s trading partners, and warns ‘we’re screwed’ if supreme court blocks tariffs – business live

66

Rolling coverage of the latest economic and financial news, as Trump says countries doing business with Iran face 25% tariff on US trade

US crude oil is also climbing this morning.

US West Texas Intermediate crude rose to $60/barrel this morning, for the first time in over a month.

“The price increase comes amid intensifying protests in Iran, raising the possibility of some form of intervention by the U.S.”

When these Investments are added, we are talking about Trillions of Dollars! It would be a complete mess, and almost impossible for our Country to pay. Anybody who says that it can be quickly and easily done would be making a false, inaccurate, or totally misunderstood answer to this very large and complex question.

Remember, when America shines brightly, the World shines brightly. In other words, if the Supreme Court rules against the United States of America on this National Security bonanza, WE’RE SCREWED!

Continue reading…Rolling coverage of the latest economic and financial news, as Trump says countries doing business with Iran face 25% tariff on US tradeUS crude oil is also climbing this morning.US West Texas Intermediate crude rose to $60/barrel this morning, for the first time in over a month.“The price increase comes amid intensifying protests in Iran, raising the possibility of some form of intervention by the U.S.”When these Investments are added, we are talking about Trillions of Dollars! It would be a complete mess, and almost impossible for our Country to pay. Anybody who says that it can be quickly and easily done would be making a false, inaccurate, or totally misunderstood answer to this very large and complex question.Remember, when America shines brightly, the World shines brightly. In other words, if the Supreme Court rules against the United States of America on this National Security bonanza, WE’RE SCREWED! Continue reading…