Trump orders U.S. strikes on iran's nuke reactor sites, the oil price jumps 2.10%. Iran may close down the Strait of Hormuz, which will get China involved, as China is a net importer of oil from Iran.

President Donald Trump warned that he would consider military against Iran and its nuke program, if he were to be elected a President, and it seems that he has stuck to his threat.  With Israel desperately trying to limit its air war over Iran to 14 days, Trump's, 'finish the job' motto in tow, has joined Israel in a bombing campaign in Iran, targeting Iran's nuke reactors.  Oil has spiked over 2% to a 6 month high, when ironically it was the China recession which knocked down the oil price at the start of 2025, and if Iran chooses to draw in China to the conflict, by shutting down the Strait of Hormuz, to which China relies heavily on Iranian oil imports.  China may indeed begin pressure on U.S. either trade or worst, militarly.  

Keep in mind the 1990s surgical airstrikes and limited military action, has been replaced by nuke armed nations waging Total War on other nuke armed/ally nations, extending to what would have been unthinkable during the 1st Cold War.  And we can partially thank interconnected trade markets for this downplaying of the risk factor to an all out renewed Cold War/Hot War scenario.  For now, if Trump does follow through with his 'paleolibertarian' hypocrisy of the shutting America off trade from the world. 

Oil is bid over $75.90, next price resistance is $76, may pass through the psychological $80, with the possibility that stagflation will begin to return, of oil is stuck at $80+ for three months.

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