Many analysts believe that Trump will try to end the conflict quickly because he does not want oil prices to spike and trigger inflation in the US.


In reality, oil prices in the US are less affected by the conflict around the Strait of Hormuz.
With the world's top oil refining technology, the US is a major exporter of light (high-value) crude oil and an importer of heavy (very cheap) crude oil, with the largest production globally, reaching 13.7 million barrels per day.
The two largest crude oil exporters to the US alone account for many times the volume of other countries combined (Unit: Barrels per day - bpd):
🇨🇦 Canada: 4,068,000
🇲🇽 Mexico: 465,000
🇸🇦 Saudi Arabia: 273,000
🇻🇪 Venezuela: 228,000
🇧🇷 Brazil: 218,000
🇨🇴 Colombia: 213,000
🇮🇶 Iraq: 198,000
Canada and Mexico are right next door, so the supply pressure from the Strait of Hormuz has never been an issue for the United States.
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