# Oil Still Expensive As Hell

> Trump's Russian oil deal pushes prices over $100 a barrel.
- Title: Oil Still Expensive As Hell · Jalopnik | Shortify
- Summary: Trump's Russian oil deal pushes prices over $100 a barrel. Trump's waiver of Russian oil sanctions has raised global oil prices to over $100 a barrel…
- Keywords: trump, russian oil, oil prices, brent crude, wti, iran, houthi, saudi arabia, zelenskyy, ukraine, sanctions, oil tankers
- Source: Jalopnik — https://jalopnik.com/2292048/oil-expensive-trump-dirty-russian-oil-deal
- Author: Collin Woodard
- Published: 2026-10-20T18:25:00+00:00
- Read time: 1 min
- Topics: trump, russian oil, oil prices, brent crude, wti, iran, houthi, saudi arabia, zelenskyy, ukraine, sanctions, oil tankers
## Oil prices surge
Oil prices hit over $100 a barrel as attacks on tankers in the Strait of Hormuz rise.
## Iranian attacks intensify
At least 18 tankers transiting Hormuz have been attacked in two weeks.
## Houthis strike Saudi Arabia
Houthi rebels struck Saudi airport killing 13 and injuring hundreds.
## Zelenskyy condemns Trump
Ukrainian President Zelenskyy called Trump's Russian oil deal a betrayal.

> Trump confirms again that he stands on the side of a bloodthirsty thug & the enablers of Russia's war machine & against the majority of Americans
## Senator Blumenthal criticizes
Connecticut Senator Blumenthal called Trump's move a betrayal of national security.

> These waivers have nothing to do with our national security, & everything to do with sucking up to Vladimir Putin
## Oil prices remain high
Oil prices stay expensive despite claims of lower fuel costs.
## Key takeaway

Trump's waiver of Russian oil sanctions has raised global oil prices to over $100 a barrel, worsening fuel costs despite claims of lowering prices.