Trump has no remaining levers to pull as oil hovers near the $100 ‘psychological’ threshold
That means expanding the military operation to include so-called boots on the ground or ceding the now-infamous Strait of Hormuz to Iran to control and charge de-facto tolls, called service or administrative fees in a thinly veiled effort to avoid violating international maritime laws. The big question now is whether Trump—after some short-term period of escalation—will choose the so-called “TACO” route, said Dan Pickering, founder of the Pickering Energy Partners consulting and research firm. The “Trump Always Chickens Out” term was coined last year after Trump repeatedly backed down from higher tariffs and other threats.
- ▪That means expanding the military operation to include so-called boots on the ground or ceding the now-infamous Strait of Hormuz to Iran to control and charge de-facto tolls, called service or administrative fees in a thinly veiled effort t
- ▪The big question now is whether Trump—after some short-term period of escalation—will choose the so-called “TACO” route, said Dan Pickering, founder of the Pickering Energy Partners consulting and research firm.
- ▪The “Trump Always Chickens Out” term was coined last year after Trump repeatedly backed down from higher tariffs and other threats.
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| Original publisher | Fortune |
| Canonical URL | https://fortune.com/2026/07/25/trump-no-levers-pull-oil-100-psychological-threshold/ |
| Publication time | Sat, 25 Jul 2026 07:09:00 +0000 |
| Retrieval time | 2026-07-25T07:42:07.288Z |
| Last seen | 2026-07-25T07:42:07.288Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | le58VL_QPbGW |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
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| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
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Opening excerpt (first ~120 words) tap to expand
President Donald Trump is essentially out of “levers” to pull during a second phase of the Iran war as oil prices again flirt with the $100 per barrel “psychological” threshold that makes energy markets jittery.Recommended Video With global oil and fuel emergency reserves already dwindled and fighting spreading to the Red Sea—Saudi Arabia’s alternative outlet for oil exports—the concern is the U.S. faces either escalation or capitulation, energy and geopolitical analysts said. That means expanding the military operation to include so-called boots on the ground or ceding the now-infamous Strait of Hormuz to Iran to control and charge de-facto tolls, called service or administrative fees in a thinly veiled effort to avoid violating international maritime laws.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.
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