Oil Is Back At $100 Per Barrel

July 23, 2026

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Writes Moon of Alabama:

Over the last few hours the FT top headline has changed from announcing $95 oil, to $98, to now $100.

Given that Ansarallah in Yemen is as serious as Iran, and that the U.S. is preparing to escalate, there is no doubt that the price will increase further.

Nine days ago I had explained why this was going to happen.

 

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The Best of Llewellyn H. Rockwell, Jr.

Llewellyn H. Rockwell, Jr., former editorial assistant to Ludwig von Mises and congressional chief of staff to Ron Paul, is founder and chairman of the Mises Institute, executor for the estate of Murray N. Rothbard, and editor of LewRockwell.com. He is the author of Against the State and Against the Left. Follow him on Facebook and Twitter.