Trump shocks US oil companies, hints at 'war for months' even as airlines fail, Americans bleed cash

Published on Apr 30, 2026 01:04 pm IST

Oil has jumped to 120 dollars a barrel—its highest in over four years—after Trump warned the Hormuz blockade could last for months and called it “genius” in a meeting with oil executives. As budget airlines seek 2.5 billion dollars in aid and Spirit battles a second bankruptcy, Americans say they are paying for his Iran strategy.

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