In reaction to discussions about shutting down Iran’s Strait of Hormuz, U.S. President Donald Trump urged: “Everyone, keep oil prices down. I’m watching closely!” He warned that such actions would play into the hands of enemies and urged against it. However, Trump did not specify whom his call was directed at. In a subsequent post, he instructed the U.S. Energy Department to “Drill, baby, drill!!! And I mean it right now!!!” The talks of closing the strategic waterway gained momentum after Iran’s parliament approved the proposal, leading to increased instability in the global oil market.