‘God forbid’: Expert warns Trump tempting an energy catastrophe as oil reserves plummet

allies had initially hoped was the start of a more lasting agreement.

“What is the economic impact for Americans of the Strait of Hormuz remaining either closed or controlled by Iran?” asked Wallace.

The simple answer, said Liesman, is that it’s “going to raise oil prices in general” and cause “tremendous geopolitical concerns” as Iran would be in a continue reading …