$100 Oil Coming? Jay Young Breaks Down Iran Conflict & Energy Market Impact on Newsmax

Описание: Jay Young, Founder & CEO of King Operating Corporation, joins Newsmax to break down how escalating tensions involving Iran are already impacting global oil markets — and what it means for American consumers.

With roughly 20% of global oil supply moving through the Strait of Hormuz, even temporary disruptions can send crude prices higher. We’re already seeing:

• U.S. and international crude prices rising
• Natural gas prices spiking
• Gasoline jumping about 14 cents overnight
• Increased tanker insurance costs tightening supply

Jay explains why prolonged instability could push oil toward $85–$100 per barrel, how that affects gas prices, airline tickets, food costs, and broader inflation — and why U.S. production helps cushion volatility but doesn’t isolate us from global pricing.

Oil is a global market. Energy security matters.

Watch the full interview to understand what’s happening — and what could happen next.

#OilPrices #EnergyMarkets #StraitOfHormuz #GasPrices #Newsmax #EnergySecurity #Geopolitics #JayYoung

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