Oil Market CHAOS As Trump DESPERATE Manipulates Traders

President Trump intervened in the bond market to avert a crisis, specifically after the 10-year note yield hit 4.45%. This led to a 90-day pause on tariffs and a postponement of strikes on Iranian power plants, directly influencing market stability and preventing a broader economic fallout affecting debt and mortgage rates.

The 10-year note yield had hit 4.45%. President Trump had the same conversation as he did April 9th, 2025 when he had paused tariffs for 90 days. 3 hours later, he postpones all strikes on Iranian power plants.

Oil markets experienced a large plunge, with Brent crude oil futures down 9% from their high, previously dropping 14%. Despite a rebound due to an Iranian denial of negotiations, prices remain high, around $90 a barrel for West Texas crude, indicating persistent market instability and inflationary pressure.

As of this morning there was a large plunge. We remain around 9% down for Brent crude oil futures from the high that they opened on last night. At one point they were down like 14% and they erased like half of that because of the Iranian denial that negotiations were happening. It's still at nearly $100 a barrel.

High oil and diesel prices are directly translating into increased costs for consumers and a crisis for the trucking industry. The national average for gas is near $3.95/gallon, with California reaching $5.70-$6/gallon. Truckers face a 40% month-over-month increase in diesel, making their businesses precarious and forcing them to pass costs onto consumers, fueling broader inflation.

You will likely see a reduction in gas, return to like 350 something like that. $5 diesel already crushing truckers will soon be felt across the economy. They're talking about this 40% increase month over month in the price of diesel. Currently, this is the nationwide gas price as of this morning. About $3.95 a gallon. In California is $5.70 a gallon.

Wall Street analysts and corporate executives reportedly have a 'two-week time limit' for the Strait of Hormuz to reopen. This indicates a limited tolerance for prolonged geopolitical disruption impacting oil supply, suggesting that if the situation isn't resolved within this timeframe, market confidence in a 'taco' (resolution) will diminish.

Wall Street analysts and these corporate executives basically feel like there's like a two week time limit here. The economy has a Strait of Hormuz deadline for Trump two weeks where, if you can't get the Strait of Hormuz open, that's kind of when we're going to lose hope that a taco, an achievable taco is truly on the horizon.