🚨 Trump Urges Oil Producers: “Keep Prices Down — I’m Watching”

Amid rising tensions in the Strait of Hormuz, former President Donald Trump warned oil producers not to raise prices, calling it a move that would “play into the hands of the enemy.”

🛢️ WTI crude rose to $74.68, while Brent hit $77.86 as fears of disruption mounted.

🇮🇷 Iran’s parliament recently voted to block the key shipping route, sparking rerouted tankers and rising shipping risks.

💬 Trump on Truth Social:

> “Drill, baby, drill. And I mean now.”

🔥 A tanker collision and rising insurance premiums are adding to supply concerns, with some shippers avoiding the region entirely.

⚖️ Meanwhile, the White House says diplomacy remains open, but warns Iran's regime must be held accountable if peace talks fail.

#Trump #GlobalMarkets #Brent