Opinion: Why Oil Prices Fell Even After the Persian Gulf War Closed the Strait

Oil prices surged when the war hit the center of the global trade route, then later fell even while the strait remained closed. The conversation digs into futures pricing, refinery products, and why the quoted oil market can feel detached from what people actually pay. It also turns to low U.S. inventories and how prices are supposed to force demand back into balance. Iran War Sparks Global Energy Crisis, Why the US Is Lying About It & What You Can Expect at the Pump via Tucker Carlson