Trump Warns of USA Deaths as Oil Nears $100 After Strikes on Iran
Donald Trump warned of rising USA casualties as global oil prices surged toward $82 per barrel with analysts projecting a jump to $100 following strikes on Ali Khamenei and 47 Iranian leaders.Most tanker owners suspended shipments through the Strait of Hormuz, threatening a daily loss of 10 million barrels of crude oil while OPEC+ announced a production increase of 206,000 barrels per day starting in April.As shipping giants Maersk and CMA CGM reroute vessels around Africa, nations like India are exploring Russian oil alternatives to offset disruptions caused by the maritime blockade and insurance cancellations by Skuld.The conflict intensified after the assassination of high-ranking officials in
Operation Epic Fury, causing an explosion at
Jebel Ali and a suspension of transit through the
Suez Canal.