Article in Media Matters by John Knefel, 6/4/26
Headline: “Oil executives warn of imminent price spike as right-wing media downplay risks”
Subhead: “Conservative media figures have spent months trying to reassure their audiences that gas prices are going to come down any day now”
“Oil executives reportedly have warned the Trump administration that the Iran war is likely to cause global energy prices to skyrocket in the coming weeks, contrary to promises from right-wing media figures that the conflict will actually lower fuel costs or that any rise would be short-lived.
“According to Politico, Iran’s ongoing closure of the Strait of Hormuz ‘is steadily draining inventories to levels that are likely to send global energy prices surging in the next several weeks’ in ‘what has become the biggest disruption in crude oil flows ever’. . .”
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