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Deleted Tweet Sends Oil Markets on Another Wild Ride

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Wall Street Journal: “A plunge in oil prices intensified in the early afternoon after Energy Secretary Chris Wright said on X that ‘The U.S. Navy successfully escorted an oil tanker through the Strait of Hormuz to ensure oil remains flowing to global markets.’ The prospect of a prolonged energy shock momentarily dimmed. Futures for oil, diesel and gasoline slid. Stocks jumped.”

“But the message vanished within minutes, leaving investors the world over struggling to see through the fog of war emanating from the Trump administration itself.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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