Mike Johnson gets NIGHTMARE news ON AIR over Epstein files

MAGA financial pundit Eric Bolling revealed that President Donald Trump's Wednesday night address to the nation had likely "triggered" a 60-cent spike in gas prices.

During a Thursday interview on the War Room podcast, Bolling said he had been giving MAGA influencer Steve Bannon updates on the oil market as Trump was speaking about the war in Iran.

Bolling noted that oil was trading at "$98 a barrel" before Trump started speaking.

"It really didn't move very much during the speech. I kept updating you. When he talked about the part where he said, we're going to send them back to the Stone Ages, I think that triggered something because that's really where it started to tick up to $99 a barrel, $100 a barrel," he recalled. "When he finished, I think traders were hoping to hear some sort of legitimate off-ramp, and it just spiked 101, 101, 102, 103, 105, 107, 108 or so."

"This morning I got up, Steve, and I was just shocked. $11, $12 a barrel, that's $13, $14 a barrel higher," he said. "Unfortunately, that turns into about a 60, 70 cent move up on the pump price just on the overnight alone, what it did overnight."

President Donald Trump made several telling remarks Sunday in an interview with the Financial Times, revealing some of his administration’s potential war plans as it relates to Iran.

“To be honest with you, my favorite thing is to take the oil in Iran but some stupid people back in the US say: ‘why are you doing that?’ But they’re stupid people,” Trump told the Financial Times, the outlet reported.

Trump told the outlet that his “preference” in his administration’s war against Iran would be for the United States to “take the oil," invoking a comparison to the U.S. takeover of Venezuela’s oil industry in January when the Trump administration halted Venezuelan oil shipments to the Cuban government, and started oil shipments to Israel “for the first time in years.”

Trump also spoke to the possibility of the U.S. military seizing Kharg Island, an Iranian island critical to the nation’s oil industry.

“Maybe we take Kharg Island, maybe we don’t. We have a lot of options,” Trump said, speaking with the Financial Times. “It would also mean we had to be [in Kharg Island] for a while. I don’t think they have any defense. We could take it very easily.”