Trump: "With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE. IT WOULD BE A 'GUSHER' FOR THE WORLD??? President DONALD J. TRUMP" pic.twitter.com/5Tqg8MG1ac
— Aaron Rupar (@atrupar) April 3, 2026
May WTI crude oil surged sharply in the holiday-shortened week ending April 3, settling at $111.54, up $11.90 or +11.94%. The move was driven by a combination of geopolitical escalation, supply disruption risks, and growing concerns about global oil infrastructure security. Traders were forced to rapidly reprice risk, with volatility spiking across the energy complex as headlines intensified into the close.
Hassett: "Our expectation is that this is gonna last just a little bit longer, and then things will get back to normal much faster than you could expect" pic.twitter.com/yiUPnkvlRs
— Aaron Rupar (@atrupar) April 3, 2026
HASSETT: Right before the midterm elections, Joe Biden, he's the one ...
— Aaron Rupar (@atrupar) April 3, 2026
FOX NEWS: Ok, but that was then, this is now
HASSETT: Again, these higher prices are a temporary phenomenon. It's going to end very soon. President Trump just gave an amazing address about that. pic.twitter.com/LR8Slh6qdP
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