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CNN Proclaimed Iran Strike Would Cause ‘War Shock’ of ‘Surging Oil Prices’… It Didn’t Happen
NewsBusters ^ | 6/25/2025 | Joseph Vazquez

Posted on 06/25/2025 1:07:52 PM PDT by JV3MRC

CNN is the latest to suffer from the utter humiliation of prophesying Armageddon-level economic catastrophe as a result of President Donald Trump’s military strikes on Iran, only to have their predictions collapse faster than Biden on the steps of Air Force One.

CNN writer Auzinea Bacon was adamant June 22 that “America’s economy” would face “a new war shock: Surging oil prices,” after Trump's historic B-2 bomber attack to devastate Iran’s nuclear capabilities. “The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three nuclear facilities in Iran,” Bacon screeched. “High oil and gas prices are a near certainty, experts say. The big question now: How long will the fossil fuels price spike last?” “Near certainty,” eh Bacon? Yikes! talk about opening yourself up for a devastating reality check.

Two days later, on June 24, CNN reporters Anna Cooban, John Liu and John Towfighi released a story that nuked their colleague’s entire pearl-clutching spin to smithereens: “Oil is falling so much it’s now cheaper than it was before the Iran-Israel conflict.” In fact, the reporters noted that “Brent crude, the global oil benchmark, fell 6.1% to $67.14 a barrel. West Texas Intermediate crude, the US oil benchmark, fell 6% to $64.37 a barrel.”

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: cnn; demedia; iran; mostrustednameinnews; oilprices; trump

1 posted on 06/25/2025 1:07:52 PM PDT by JV3MRC
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To: JV3MRC

This was one of CNN scare tactics


2 posted on 06/25/2025 1:13:33 PM PDT by Freeleesy
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To: JV3MRC

Lucky for CNN that Trump just created a brand new Big Beautiful Memory Hole for them to dump their predictions into. 😉


3 posted on 06/25/2025 1:15:14 PM PDT by Texas Eagle ("Throw me to the wolves and I'll return leading the pack"- Donald J. Trump)
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To: JV3MRC

WHAT!!?? CNN is wrong...again!


4 posted on 06/25/2025 1:16:19 PM PDT by econjack
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To: JV3MRC

American Pravda falls on its face again - now WHO woulda thunk that?


5 posted on 06/25/2025 1:19:30 PM PDT by jmaroneps37 (Freedom is never free. It must be won rewon and jealously guarded.)
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To: JV3MRC

CNN is working for Iran, seemingly. The propaganda is easy to spot.


6 posted on 06/25/2025 1:23:01 PM PDT by Telepathic Intruder
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To: JV3MRC

CNN and Tucker share the same talking points.


7 posted on 06/25/2025 1:25:38 PM PDT by shanover (...To disarm the people is the best and most effectual way to enslave e them.-S.Adams)
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To: shanover

Oil prices are down since Israel began this on June 13.

HAHA CNN


8 posted on 06/25/2025 1:28:15 PM PDT by Col Frank Slade
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To: JV3MRC

CNN is more disappointed it didn’t happen. They’d rather there was people suffering…


9 posted on 06/25/2025 1:34:15 PM PDT by Made In The USA (One and Two and Three and Four and)
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To: JV3MRC

They also claimed “Trump’s tariffs” would cost every American household $3500. That was back in February, and the show has moved on.


10 posted on 06/25/2025 1:35:57 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: Col Frank Slade
Oil prices are down since Israel began this on June 13.

HAHA CNN

Remember when Bill Moyers derisively called President Trump a "fantasist" ?

So who's the actual fantasist, Bill?

11 posted on 06/25/2025 1:37:47 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: JV3MRC

MSM, the Democrat Party and Congressional Democrats are the most ignorant useless humans alive. Some Republicans fall in that category as well.


12 posted on 06/25/2025 1:42:19 PM PDT by Chgogal (Voting Democrat is suicidal.)
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To: JV3MRC

CMN does talk a lot of sh*t, don’t they?


13 posted on 06/25/2025 1:48:01 PM PDT by Judge Bean
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To: JV3MRC

The 37 people who actually watch CNN certainly believed this claptrap.


14 posted on 06/25/2025 2:07:28 PM PDT by The Great RJ
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To: JV3MRC

Looks like Mr. “Experts Say” was wrong again.

Why do they keep using him as a source?


15 posted on 06/25/2025 2:18:57 PM PDT by Hoboto (I blame Hippies.)
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To: JV3MRC

CNN got it wrong. Unexpected.


16 posted on 06/25/2025 3:16:05 PM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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