Recent external forces (Russia and Saudi Arabia) are pushing oil prices higher via supply-side pressure, and they are currently 'winning' against the US government's effort to keep oil prices down for political (inflation/election-year) reasons.

factualpending

Speaker

James Connor

Evidence Quote

Russia and Saudi Arabia... want the oil price higher... Russia and Saudi Arabia are winning right now

Source

Will the S&P 500 Crash By 50%? How Gold Could Protect Your Portfolio | Chris VermuelenWealthion
Created: 8/10/2026, 11:07:32 PM

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