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Soaring Energy prices

Oil prices rose sharply again Thursday and stock markets fell after President Donald Trump presented no plan to reopen the Strait of Hormuz in his address the evening before, leaving the task to a group of U.S. allies meeting on the energy crisis.Trump, who has railed against NATO allies for hesitating to get more involved in the war, said in his address to the nation Wednesday night that it was up to other countries to “take the lead in protecting the oil that they so desperately depend on,” suggesting it was not the United States’ problem.Since the U.S. and Israel launched an aerial barrage on Iran over a month ago, Tehran’s threats and counterattacks have largely halted traffic in the Strait of Hormuz, which connects the Persian Gulf to the open ocean, sending energy prices soaring. Has Donald Trump thrown Europe under the bus ?

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