ViewpointsOpinionWill Trump’s Actions Send Oil Prices Soaring?Rising tensions with US are a welcome diversion from a collapsing Iranian economy, mounting internal instabilitySavePrintPump jacks are seen at dawn in an oil field over the Monterey Shale formation near Lost Hills, Calif., on March 24, 2014. David McNew/Getty ImagesJames Gorrie1/8/2020|Updated: 1/9/2020CommentaryWill President Donald Trump’s attack on a top Iranian leader send oil prices skyward?Share this articleLeave a commentJames GorrieAuthorJames Gorrie is the author of the 2013 book “The China Crisis” and discusses current events and China on his YouTube Podcast, The Banana Republican. Author’s Selected ArticlesWhy Is the CCP Persecuting the Peaceful Falun Gong Spiritual Practice?Aug 20, 2025No Escape? China Stopping Foreign Executives From LeavingAug 19, 2025China’s Xi and CCP Under Growing PressureAug 08, 2025Communist China’s Pain Is America’s GainAug 07, 2025Related TopicsMiddle EastIranIraqDonald Trumpstock marketoil pricesQassem Soleimani