White House Tries to Bury Alarming Warning From Oil Execs

The Trump administration is denying reports of incoming oil price spikes, even as the White House has been warned by multiple executives in the region.Politico reported that one anonymous executive told the administration that their storage tanks were “at dangerously low levels already,” three months into Iran’s retaliatory blockade of the Strait of Hormuz.“We have shared those concerns at the highest levels of government about what’s coming in mid-to-late June,” they said. “I hope they are payi...