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Drudge Retort: The Other Side of the News
Thursday, April 30, 2026

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.

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With the two sides locked in a standoff, oil prices have continued to soar.

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-- Al Jazeera English (@aljazeera.com) Apr 28, 2026 at 10:00 PM

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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...

www.reuters.com

#1 | Posted by LampLighter at 2026-04-30 02:24 PM | Reply

Before Pres Trump's unprovoked war with Iran, the Strait of Hormuz was wide open. And the world was OK with oil deliveries.

Over a hundred ships passed through the Strait each and every day.

Now, as a result of Pres Trump's unprovoked war with Iran, the Strait of Hormuz is all but closed.

And the world is facing an energy crisis.

How is this going to end?

#2 | Posted by LampLighter at 2026-04-30 10:48 PM | Reply


--------- 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. ...


#3 | Posted by LampLighter at 2026-04-30 10:53 PM | Reply

@#3

... and that is benefiting the world opinion of the US... how?

#4 | Posted by LampLighter at 2026-04-30 10:54 PM | Reply

Russia seems to be the big winner in this mess.

#5 | Posted by REDIAL at 2026-04-30 10:57 PM | Reply

@#5 ... Russia seems to be the big winner in this mess. ...

Intentionally, on the part of Pres Trump?

#6 | Posted by LampLighter at 2026-04-30 11:10 PM | Reply

#6 Lamp, I am "looking forward" to the reports, six months from now, about the historic profits made by the oil companies based on the record costs for a barrel of oil six months earlier.

Just another massive transfer of low- and middle-class wealth to the oil companies and the oligarchs.

Almost ready for you ...

Anytime now

Not long now for free money ...


#7 | Posted by A_Friend at 2026-04-30 11:16 PM | Reply

How much you ------- payin' in Canada?

#8 | Posted by lfthndthrds at 2026-04-30 11:16 PM | Reply

Intentionally, on the part of Pres Trump?

More like randomly. Lewzer is not a big thinker.

#9 | Posted by REDIAL at 2026-04-30 11:16 PM | Reply

Russia seems to be the big winner in this mess.

#5 | Posted by REDIAL at 2026-04-30 10:57 PM | Reply | Flag:

Canada is the 3-4 largest reserve in the world..... how much are you idiots paying for gas and diesel?

#10 | Posted by lfthndthrds at 2026-04-30 11:17 PM | Reply

#10 As no one expected otherwise ...

#11 | Posted by A_Friend at 2026-04-30 11:20 PM | Reply

Gas was about $4.98 today.

#12 | Posted by REDIAL at 2026-04-30 11:22 PM | Reply

@#10 ... how much are you idiots paying for gas and diesel? ...

The US seems to have so much oil that it is exporting oil.

So, is Big Oil using that surplus to lower prices, or is Big Oil using the situation to raise the price at the pump?

What else yer got?

#13 | Posted by LampLighter at 2026-04-30 11:31 PM | Reply

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. ...

#14 | Posted by LampLighter at 2026-04-30 11:34 PM | Reply

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.

#15 | Posted by Nixon at 2026-05-01 08:20 AM | Reply

Enough! We know already!

Boat voted for this.

#16 | Posted by moder8 at 2026-05-01 03:12 PM | Reply

Electing a D student who bankrupted six casinos who raped children on tape was a really bad idea.

#15 | Posted by Nixon

And even with all this happening right in front of their faces, the stupid piles of s*&^ keep bleating their support.

#17 | Posted by jpw at 2026-05-01 03:21 PM | Reply

Gas was about $4.98 today.

#12 | POSTED BY REDIAL

I'd feel right at home. That's California prices!

#18 | Posted by donnerboy at 2026-05-02 11:01 AM | Reply

Re 18

(Northern California)

#19 | Posted by donnerboy at 2026-05-02 11:02 AM | Reply

That's California prices!

The price dropped about $0.30 when the feds took the excise tax off, but it took less than 3 days for it to go right back to where it was.

#20 | Posted by REDIAL at 2026-05-02 11:10 AM | Reply

Gas was about $4.98 today.

#12 | POSTED BY REDIAL

Canadian dollars?

If so, that equates to $3.66/gallon U.S.

#21 | Posted by AMERICANUNITY at 2026-05-02 01:19 PM | Reply

Re: #21

Canadian gasoline prices are typically 25-50% higher than US gasoline prices.
I suspect the $4.98/gallon mentioned in #12 is in US dollars per gallon.

#22 | Posted by TrueBlue at 2026-05-02 01:56 PM | Reply

That was US dollars.

#23 | Posted by REDIAL at 2026-05-02 02:49 PM | Reply

I'd feel right at home. That's California prices!

#18 | Posted by donnerboy

I wish.
$5.49 at the Indian casino station, $5.99+ in town.
About 2 hrs north of SF on 101.

#24 | Posted by morris at 2026-05-02 07:07 PM | Reply

Electing a D student who bankrupted six casinos who raped children on tape was a really bad idea.

#15 | Posted by Nixon

The "media" not making more of this should certainly put the lie of "the liberal media" under a microscope.

#25 | Posted by morris at 2026-05-02 07:12 PM | Reply

I filled up the gas tank on March 2, 2026, and I paid $3.89 per gallon.

I drove past that gas station this afternoon and noticed the price is now $4.89 per gallon.


#26 | Posted by LampLighter at 2026-05-02 07:25 PM | Reply

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. ...


#27 | Posted by LampLighter at 2026-05-02 07:26 PM | Reply

#25 Morris, you are really good people.

Thank you for your posts here.

#28 | Posted by A_Friend at 2026-05-02 07:51 PM | Reply

Gas was about $4.98 today.

A day later, it is up to $5.24

#29 | Posted by REDIAL at 2026-05-03 01:31 AM | Reply

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