{"id":5831,"date":"2026-08-21T08:38:55","date_gmt":"2026-08-21T08:38:55","guid":{"rendered":"https:\/\/nationwideinterstatemovers.com\/?p=5831"},"modified":"2026-08-21T08:38:55","modified_gmt":"2026-08-21T08:38:55","slug":"trump-goon-mocked-for-bizarre-admission-on-iran-war","status":"publish","type":"post","link":"https:\/\/nationwideinterstatemovers.com\/?p=5831","title":{"rendered":"Trump Goon Mocked for Bizarre Admission on Iran War"},"content":{"rendered":"
\n

Treasury Secretary Scott Bessent was widely criticized for saying he didn\u2019t \u201creally understand\u201d Thursday\u2019s spike in oil prices\u2014moments after he pledged the \u201ctoughest sanctions in history\u201d against Iran.<\/p>\n

Read more RFK Jr. Melts Down at Star Host After Humiliating CNN Segment<\/a><\/p>\n

Bessent, reacting to the spike during a press gaggle outside the White House, said, \u201cAnything that happens within a 24-hour period is noise.\u201d<\/p>\n

\n

\u201cI think that once the market understands that we are focusing on fiscal consolidation, and that we are trying to bring the market back into equilibrium in a thinly traded market, I think, you know, I\u2019m confident that bonds will continue declining. We\u2019ve got a spike in oil prices today that I don\u2019t really understand,\u201d he said. \u201cOur announcement is for economic action, and I think that the economic action will mean that oil prices will come down sooner.\u201d<\/p>\n<\/div>\n

The Treasury secretary, 63, had just told CNBC that the Trump administration would be amping up its effort to end the war against Iran: \u201cWe have the blockade, and we are going to have the toughest sanctions in history. And I will tell you, this will work.\u201d<\/p>\n

Oil prices are higher than they were before Trump began the war in late February. Crude oil currently stands at about $88 per barrel\u2014up from $67 on the eve of the war. Prices peaked in April at about $112.<\/p>\n

The national average for gasoline is also up compared with February\u2014$4.10 per gallon compared to $2.98, according to AAA.<\/p>\n

The Strait of Hormuz, the passageway through which about one-fifth of the global oil supply normally flows, is reportedly has millions fewer barrels passing through it each day than the Trump administration claims.<\/p>\n

<\/div>\n

And so Bessent\u2019s uncertainty about the cause of the day\u2019s spike in oil was fodder for critics online. <\/p>\n

Read more Trump Reveals \u2018Best\u2019 Person to Take Karoline Leavitt\u2019s Job<\/a><\/p>\n

\u201cLiterally everyone else knows,\u201d Jessica Tarlov, Fox News\u2019 liberal co-host of The Five,<\/i> wrote on X.<\/p>\n

Democratic Rep. Ted Lieu weighed in: \u201cHint: Oil prices are very high because trump engaged in an unconstitutional action that starts with W and ends in R.\u201d<\/p>\n

Arizona Sen. Ruben Gallego echoed that point, writing, \u201cMaybe your boss\u2019s stupid war in Iran?\u201d <\/p>\n

Georgia Sen. Raphael Warnock did the same: \u201cCould it have anything to do with the war you all started?\u201d<\/p>\n

Meanwhile, California Gov. Gavin Newsom came up with a nickname for the Treasury secretary: \u201cBrain-dead Bessent.\u201d<\/p>\n

The Treasury Department did not immediately respond to a request for comment from the Daily Beast.<\/p>\n

\n

The war, which Trump initially said would last only a few weeks, is in its sixth month.<\/p>\n

Read more MAGA Has Knives Out for TV Star Tipped to Replace Karoline Leavitt<\/a><\/p>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

Treasury Secretary Scott Bessent was widely criticized for saying he didn\u2019t \u201creally understand\u201d Thursday\u2019s spike in oil prices\u2014moments after he pledged the \u201ctoughest sanctions in history\u201d against Iran. Read more RFK Jr. Melts Down at Star Host After Humiliating CNN Segment Bessent, reacting to the spike during a press gaggle outside the White House, said, […]<\/p>\n","protected":false},"author":1,"featured_media":5830,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nTrump Goon Mocked for Bizarre Admission on Iran War - Nationwide Inter State Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationwideinterstatemovers.com\/?p=5831\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Goon Mocked for Bizarre Admission on Iran War - Nationwide Inter State Movers\" \/>\n<meta property=\"og:description\" content=\"Treasury Secretary Scott Bessent was widely criticized for saying he didn\u2019t \u201creally understand\u201d Thursday\u2019s spike in oil prices\u2014moments after he pledged the \u201ctoughest sanctions in history\u201d against Iran. 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