Which economies will be hit hardest by the war? When will the war end? Donald Trump offered several different answers to that question on Monday, as he sought to calm chaotic trading in the oil market that had sent prices spiralling to their highest point in four years and threatened the global economy.

As oil pushed north of $100 a barrel on Monday and the national average for gasoline at the U.S. pump reached $3.45, Americans will quickly start to feel the conflict in their wallets.

“They have no navy, no communications, they’ve got no Air Force,” Jiang quoted Trump as saying in a post on X.