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He's so incredibly stupid; honestly the biggest moron I've ever seen in any government.
He started this war, he didn't think it through - it was well known attacking Iran would lead to them closing the strait of hormuz, and it would be extremely difficult to open it without a ground invasion. Israel has wanted to go after Iran for decades but every US president had common sense and said no. Trump has done what no President has ever done. The US allies are not stupid enough to be drawn into the this pointless war as it's unwinnable.
Now this so-called "business man" doesn't even know how global markets work. You remove 20% of the oil supply, then prices go up because demand goes up - you still have 100% of demand. The US isn't protected from that as a net shale oil/gas exporter.
First: everyone in the world is bidding for oil and gas supplies so it goes to the highest bidder; thats how a market works - everyone ends up paying more including americans. Second: the US is a net exporter but it also imports a lot of gas and oil. It's exports are driven by Liquid Natural Gas. But it imports Crude Oil, because it can't produce enough of that for domestic demand. Third: As energy prices go up, you get "demand destruction". In other words, some activities are no longer economical as the price of oil and gas is too high and obliterates profits. That means the global economy goes into decline - a recession. And the US is in no way insulated from that - it is totally integrated into the global economy.
Trump has fucked over the US, allies like the UK, Canada and EU and the rest of the world. This isn't his allies' war, and they're not getting involved - it's politically toxic and it'd just escalate this mess. Trump can get frustrated at the mess he's made and lash out as much as he wants, but he can't get away from this mess. He has two choices and both are shit: Invade Iran with troops or admit defeat and cave into the Iran's demands. I suspect he will cave in and try and spin this as a "victory".
Small correction: US consumers and businesses will be hit. The US oil & methane gas industry and their billionaires will pump out as much as they possibly can and sell to the highest bidder at ridiculous prices.
And there as many, many times before, we have one of the biggest reasons for this war.
Is it stupid? Yes it’s still stupid. But the better question is: is it evil? Even more so than you already thought.
Sounds exactly like what his admin did with PPE during COVID.
Except now the whole planet is stuck essentially Ebaying for essentials or paying Iran's tolls.
Yup. Same thing happened when Russia invaded Ukraine. The US got a negligible amount of oil from Russia and prices still spiked. Gas and oil are global commodities.