“The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money,” Trump said Thursday on his social media site.

Oil prices spiked after shipments through the Strait of Hormuz were disrupted amid the Iran war.

EDITORIAL. The US president seems not to have anticipated that, by triggering a conflict in the Middle East, energy prices would soar, punishing Americans when they go to gas…