Monday, September 16, 2019
Oil markets on edge amid Trump's dubious energy tweets
By BEN LEFEBVRE and ERIC WOLFF | 09/16/2019 10:19 AM EDT | Updated 09/16/2019 04:28 PM EDT
President Donald Trump says the U.S. doesn’t need energy from the Middle East. But in reality, the U.S. economy remains deeply vulnerable to the gyrations of the world’s oil supply. And that means Trump’s own political fortunes could be exposed if Saudi Arabia cannot recover quickly from the Saturday drone attacks that shut down half of the kingdom’s oil production and sent global petroleum prices spiking. Read more...