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Trump Claims Call Stopped Beirut Raid, Kept Oil $98

6/3/2026

44 3 Full Breakdown

Summary

Story summary

President Donald Trump said his Wednesday call with Prime Minister Benjamin Netanyahu made Israel halt a raid on Beirut.
Israeli drone strikes in southern Lebanon killed at least six people on Wednesday.
Trump said call kept oil at $98 a barrel and a U.S.–Iran deal could soon reopen the Strait of Hormuz.
He confirmed he called Netanyahu “f—king crazy” but likes him, prompting Mark Levin to demand an FBI probe.

History

Historical Context

In October 1973 Egypt and Syria launched the Yom Kippur War, prompting President Richard Nixon to approve a $2.2 billion arms lift for Israel. Saudi King Faisal then led OAPEC in an oil embargo that pushed world crude from about $3 to $12 a barrel, sparking the first oil shock. The 2024 Trump-Netanyahu call echoes that 1973 diplomatic push to curb conflict and stabilize oil markets.

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Story summary

President Donald Trump said his Wednesday call with Prime Minister Benjamin Netanyahu made Israel halt a raid on Beirut.
Israeli drone strikes in southern Lebanon killed at least six people on Wednesday.
Trump said call kept oil at $98 a barrel and a U.S.–Iran deal could soon reopen the Strait of Hormuz.
He confirmed he called Netanyahu “f—king crazy” but likes him, prompting Mark Levin to demand an FBI probe.

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