The price of oil on jumped sharply Thursday, as President Donald Trump weighs whether to resume large-scale U.S. military operations in Iran in the coming weeks. Brent crude oil rose more than 5% to over $105 per barrel in early trading,

Seven months into the Iran conflict, the oil market’s focus has shifted away from Trump’s rhetoric and on to physical supplies and cargo flows.

The Big Money Show’ discusses the fuel-price outlook as President Donald Trump weighs suspending the federal gas tax and Iran faces a deepening economic crisis.

This is as close to political cause and effect as you'll ever get when it comes to the petroleum industry.