US Media Warns: Trump Declares Imminent 'Victory' in Iran Conflict, Energy Crisis May Resemble 1970s

On April 2, CNBC reported that as Trump prepares to deliver a speech declaring ‘victory’ in the Iran war, the energy market is already under significant pressure: U.S. gasoline prices have surpassed $4 per gallon, and international oil prices have risen approximately 27% since the onset of the conflict. The disruption of shipping in the Strait of Hormuz has tightened global energy supplies, causing aviation fuel prices to surge nearly 96%, while Asian LNG prices have increased by about 43%. Analysts warn that if supply interruptions persist, oil prices could approach or even exceed historical highs. Historians point out that the current situation carries similar risks to the energy crisis of the 1970s, with inflation and energy shocks potentially having long-term effects on the U.S. economy and politics. Although the U.S. is attempting to buffer the impact by releasing strategic reserves, global inventories are rapidly depleting, and the energy crisis continues to escalate.