Credit Downgraded. Oil Up 64%. What It's Doing to Your Mortgage #oilprices #oilcrisis #oilreserves

Added: 2026-05-21

[00:00:00]One year ago, Moody's stripped America of its last perfect credit rating.

[00:00:04]Nobody connected the two. Now they do.

[00:00:06]The Strait of Hormuz has been shut 11 weeks. The IEA, inventories falling at the fastest pace ever recorded. 1 billion barrels of supply gone.

[00:00:15]As of May 19th, 2026, at the time of this recording, according to Trading Economics, Brent crude is 64% higher than a year ago. Prices change daily and may be different by the time you watch this. Trump called the ceasefire massive life support then posted Sunday. The clock is ticking.

[00:00:31]A US offer to waive Iran's oil sanctions still unconfirmed. No deal.

[00:00:36]Tomorrow the Fed releases FOMC minutes.

[00:00:38]The 10-year Treasury, your mortgage rate, is 4.59%. Washington adds 2 trillion in debt yearly. Moody's warned you 12 months ago. Does Washington have a plan or are they running out the clock?