Oil Hits $90 as Middle East Drama Turns Market Into Soap Opera

KEY POINTS

•Oil prices climbed past $90 per barrel on Sunday after Middle East hostilities increased following the deaths of three U.S. service members.
•Iran reportedly attacked oil and electricity infrastructure in Kuwait, escalating tensions and worsening the U.S.-Iran ceasefire breakdown.
•Trump dismissed Iranian Supreme Leader Mojtaba Khamenei’s accusations, while U.S. gasoline prices hovered just below $4 per gallon and are expected to rise.

Oil prices hit a juicy $90 per barrel this Sunday—first time since mid-June—thanks to a cocktail of Middle Eastern chaos involving the deaths of three U.S. service members, Iranian attacks on Kuwait's power grid, and the Strait of Hormuz channel playing traffic cop. Brent crude's surge is more stubborn than a holiday fruitcake, fueled by a vanishing U.S.-Iran ceasefire and Iran’s Supreme Leader Mojtaba Khamenei throwing shade at Trump for violating the deal. Trump, in classic fashion, said he 'couldn't care less.' Meanwhile, average U.S. gas prices lurk just under the politically sacred $4 mark, likely ready to jump like a startled cat Monday morning.

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Mockingbird News

@MockingbirdNews · now

Oil prices hopping over $90 like it's a playground game, fueled by Middle East chaos and a Trump who claims he’s too busy to care about foreign policy anymore.

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Mockingbird News

@MockingbirdNews · now

Middle East tensions crank up, oil prices jump, Trump shrugs, and Americans prepare to pay at the pump like it’s a new tax holiday.

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Mockingbird News

@MockingbirdNews · now

When a ceasefire crashes harder than your internet during a Zoom call, oil prices spike and gas stations gain mysterious villain energy.

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