#10 As no one expected otherwise ...
Oil prices have jumped to their highest since 2022 after a report that the US military is set to brief President Donald Trump on new plans for potential action in the Iran war.
With the two sides locked in a standoff, oil prices have continued to soar.
-- Al Jazeera English (@aljazeera.com) Apr 28, 2026 at 10:00 PM
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Related ...
Trump approval sinks to new low as war with Iran drives cost-of-living concerns
www.reuters.com
... President Donald Trump's approval rating sank to the lowest level of his current term, as Americans increasingly soured on his handling of the cost of living and an unpopular war with Iran, according to a new Reuters/Ipsos poll.
The four-day poll completed on Monday showed 34% of Americans approve of Trump's performance in the White House, down from 36% in a prior Reuters/Ipsos survey, which was conducted from April 15 to 20. ...
Chart showing thd results, and the trend in the result since January 2026...
--------- Southeast Asia Looks to Sign Petroleum Security Pact
oilprice.com
... The Association of Southeast Asian Nations (ASEAN) looks to ratify a petroleum security agreement, Philippine Trade Secretary Cristina Roque said on Thursday as Asian nations are reeling from the shock oil supply crisis amid the Middle East war.
"APSA, or the ASEAN Petroleum Security Agreement, is being pursued to enable coordinated emergency fuel sharing and collective responses to supply disruption," Roque said during an online briefing, as carried by Reuters.
Southeast Asian economies such as the Philippines, Indonesia, Malaysia, and Vietnam were the first to feel fuel shortages after the blocked Strait of Hormuz cut off most of their regular crude and fuel supply from the Middle East.
The Philippines, which sourced 98% of all its oil from the Middle East before the war, declared a national energy emergency as early as in the middle of March.
Many of the Southeast Asian countries have turned to alternative suppliers, including Russian oil, which is now allowed for unsanctioned sale by the U.S. Treasury until May 16, under a waiver the Trump Administration extended by a month earlier in April. ...
BP profits more than double, beating expectations as Iran war boosts oil prices
www.cnbc.com
... British energy major BP on Tuesday reported that first-quarter profits more than doubled from a year ago, following a surge in oil and gas prices driven by the Middle East conflict. ...
BP profits more than double, beating expectations as Iran war boosts oil prices
That's what they paid for when they gave the orange chomo millions for his dance hall, millions for his inauguration and bought millions upon millions of his worthless meme coins.
Now the US is dumping a million barrells per day out of the SPR when the US actual deficit is twenty million barrells per day.
70% of farmers are saying they will not be able afford fuel and fertilizer for this growing season.
$5 per gallon is here. $6 to $7 will be here soon.
The number of Americans taking out loans to buy food has almost doubled to 25%.
Utility rates have jumped up 18%.
Car loan defaults have jumped up to 40% of buyers.
The orange chomo sure has ------ this nation up big time.
Meanwhile sailors on ships in the middle east are on starvation diets because the supply ships can't keep up. www.usatoday.com
There are 2500 ships stuck in the gulf slowly running out of fuel, water and food. When the chomo capitualtes and the gulf opens, they will need to head to port to refuel and restock before delivering their cargo.
The petroleum industry analysts are saying gas prices will be sky high through 2027 now.
Electing a D student who bankrupted six casinos who raped children on tape was a really bad idea.
Exxon Mobil CEO expects higher oil prices due to Iran war: The market hasn't seen the full impact'
www.cnbc.com
... CEO Darren Woods warned Friday that the market has not absorbed the full impact of the unprecedented oil supply disruption triggered by the Iran war and the closure of the Strait of Hormuz.
The disruption has been mitigated by the large number of loaded oil tankers that were in transit during the first month of the war, Woods told investors on Exxon's first-quarter earnings call. Strategic petroleum reserves have also been released and commercial inventories drawn down, the CEO said.
One of these supply sources will become exhausted as the conflict goes on, Woods said. Oil prices will then increase as the strait remains closed, he said.
"It's obvious to most that if you look at the unprecedented disruption in the world supply of oil and natural gas, the market hasn't seen the full impact of that yet," Woods said.
"There's more to come if the strait remains closed," the CEO said. ...
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