# Trumps starts war in Middle East and gas prices go down?! **URL:** \ **Category:** Politics & Elections\ **Created:** [June 24, 2025, 9:23pm UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096 "2025-06-24T21:23:28Z")\ **Posts on this page:** 13\ **Page:** 1
**Author:** ![Mortimus](https://avatars.discourse-cdn.com/v4/letter/m/e36b37/32.png) [@Mortimus](https://boards.straightdope.com/u/Mortimus)\ **Post date:** [June 24, 2025, 9:23pm UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/1 "2025-06-24T21:23:28Z")
And stock prices go up?! For how long? ---
**Author:** ![crowmanyclouds](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/crowmanyclouds/32/19884_2.png) [@crowmanyclouds](https://boards.straightdope.com/u/crowmanyclouds)\ **Post date:** [June 24, 2025, 9:24pm UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/2 "2025-06-24T21:24:38Z")
Two weeks. ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [June 24, 2025, 9:31pm UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/3 "2025-06-24T21:31:31Z")
Oil prices were affected by the fact that Iran chose not to fuck with the Strait of Hormuz (I don’t know how to spell it.), expectations were that Iran would fuck with it. ---
**Author:** ![Jackmannii](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jackmannii/32/311_2.png) [@Jackmannii](https://boards.straightdope.com/u/Jackmannii)\ **Post date:** [June 24, 2025, 9:43pm UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/4 "2025-06-24T21:43:24Z")
> [@Mortimus](#): > > And stock prices go up?! For how long? The “investor class” that buys and sells on a daily basis is, as a whole, nuts. Tomorrow some big company might have a bad quarter and/or jobless claims will decline, they’ll be shrieking “Sell! Sell!” and the markets will drop big time. ---
**Author:** ![China\_Guy](https://avatars.discourse-cdn.com/v4/letter/c/779978/32.png) [@China\_Guy](https://boards.straightdope.com/u/China_Guy)\ **Post date:** [June 25, 2025, 1:01am UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/5 "2025-06-25T01:01:30Z")
“Buy on rumor, sell on fact” is an old Wall Street adage. It’s a behavioral thing, but seems to be pretty accurate percentage wise. At least, during my days at UBS and other investment banks. Short term speculators tend to create/follow/herd mentality the trend of the day, and when those rumors become real, then dump their holdings immediately. Markets are efficient over time, and rarely in the short term. ---
**Author:** ![PhillyGuy](https://avatars.discourse-cdn.com/v4/letter/p/ed655f/32.png) [@PhillyGuy](https://boards.straightdope.com/u/PhillyGuy)\ **Post date:** [June 25, 2025, 2:06am UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/6 "2025-06-25T02:06:59Z")
If I can be forgiven for questioning the premise, Trump did not start a war between Iran and the U.S. Instead he bombed Iran for a few hours. Contrast with the three months or so of U.S. bombing of Yemen. That was more of a war, or at least it was a sustained campaign (seems to have ended last month). ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [June 25, 2025, 2:11am UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/7 "2025-06-25T02:11:42Z")
I suppose Iran attacked us first? ---
**Author:** ![PhillyGuy](https://avatars.discourse-cdn.com/v4/letter/p/ed655f/32.png) [@PhillyGuy](https://boards.straightdope.com/u/PhillyGuy)\ **Post date:** [June 25, 2025, 2:16am UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/8 "2025-06-25T02:16:01Z")
Oil prices rose when Israel started binning Iran two weeks ago and then went back where they started when Trump ended it with his bombardment: [Oil Futures](https://www.google.com/search?q=oil+price+chart&rlz=1C9BKJA_enUS1055US1055&oq=oil+price+chart&gs_lcrp=EgZjaHJvbWUyDwgAEEUYORiDARixAxiABDIHCAEQABiABDIKCAIQABjJAxiABDIHCAMQABiABDIHCAQQABiABDIHCAUQABiABDIHCAYQABiABDIHCAcQABiABDIHCAgQABiABDIHCAkQABiABNIBCDQxMjFqMGo0qAITsAIB4gMEGAEgX_EFDIFN44iIH1k&hl=en-US&sourceid=chrome-mobile&ie=UTF-8) ---
**Author:** ![Alessan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/alessan/32/465_2.png) [@Alessan](https://boards.straightdope.com/u/Alessan)\ **Post date:** [June 25, 2025, 5:57am UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/9 "2025-06-25T05:57:48Z")
> [@PhillyGuy](#): > > If I can be forgiven for questioning the premise, Trump did not start a war between Iran and the U.S. Instead he bombed Iran for a few hours. Also, he briefly joined an ongoing war, he didn’t start one. Saying he started a war is like saying that WW2 began in December 1941. ---
**Author:** ![Babale](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/babale/32/15666_2.png) [@Babale](https://boards.straightdope.com/u/Babale)\ **Post date:** [June 25, 2025, 2:35pm UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/10 "2025-06-25T14:35:48Z")
> [@Alessan](#): > > Saying he started a war is like saying that WW2 began in December 1941. There are probably quite a few Americans who’d agree with that statement. ---
**Author:** ![Pardel-Lux](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pardel-lux/32/20182_2.png) [@Pardel-Lux](https://boards.straightdope.com/u/Pardel-Lux)\ **Post date:** [June 25, 2025, 3:02pm UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/11 "2025-06-25T15:02:29Z")
> [@Babale](#): > > > [@Alessan](#): > > > > Saying he started a war is like saying that WW2 began in December 1941. > > There are probably quite a few Americans who’d agree with that statement. I hope we can agree that WWII started with the **[Mukden Incident](https://en.wikipedia.org/wiki/Mukden_incident)** on september 18, 1931. Concerning the gas prices going down and the shares rising, recent price oscillations in world markets have me flummoxed. I suspect somebody is cheating big time, it’s just that I cannot fathom how they are doing it and I can only speculate who those manipulators may be. But gas prices are nothing compared to what is happening with Tesla and AI, for instance, or the gold price, or short and long term interest rates. ---
**Author:** ![Jasmine](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jasmine/32/2964_2.png) [@Jasmine](https://boards.straightdope.com/u/Jasmine)\ **Post date:** [June 25, 2025, 3:06pm UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/12 "2025-06-25T15:06:32Z")
> [@bobot](#): > > Oil prices were affected by the fact that Iran chose not to fuck with the Strait of Hormuz Yet … They simply might be holding that Trump card (pun definitely intended) for a little while longer. “Haven’t” doesn’t necessarily mean “won’t”. ---
**Author:** ![Exapno\_Mapcase](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/exapno_mapcase/32/1051_2.png) [@Exapno\_Mapcase](https://boards.straightdope.com/u/Exapno_Mapcase)\ **Post date:** [June 25, 2025, 5:32pm UTC](https://boards.straightdope.com/t/trumps-starts-war-in-middle-east-and-gas-prices-go-down/1020096/13 "2025-06-25T17:32:34Z")
> [@bobot](#): > > Oil prices were affected by the fact that Iran chose not to fuck with the Strait of Hormuz (I don’t know how to spell it.), expectations were that Iran would fuck with it. Right. The price spiked with Israel’s first strikes on June 13 and stayed high until Monday. Prices are based on future expectations and for those ten days the future looked like a prolonged war and closing of the Strait. Now the future looks as if the Strait will be more open than in recent months. Always look six months to a year out to understand speculator thinking.