🚨 JD Vance’s remarks shake oil markets 📉📉
In his first comment after Republicans lost the midterm elections, the U.S. vice president revealed four main reasons behind his party’s defeat:
1️⃣ The Iran war
2️⃣ The cost of living and inflation
3️⃣ Voters’ desire to put the “America First” slogan into practice
4️⃣ The relationship with Israel
His most notable remark was: “The real reason we lost is the war.”
📉 Vance’s comments came as oil prices plunged sharply, with WTI crude falling below $90 a barrel amid growing market bets on a possible de-escalation of the conflict with Iran.
Frankly, it looks like markets have started pricing in the possibility that the war will end and the geopolitical risk premium will decline. But any new escalation could quickly turn things around.
Peace agreements here would send the market soaring, but with Trump losing, I wouldn’t be surprised if he stirred things up again 📈📉
#BTCRebounds80K
In his first comment after Republicans lost the midterm elections, the U.S. vice president revealed four main reasons behind his party’s defeat:
1️⃣ The Iran war
2️⃣ The cost of living and inflation
3️⃣ Voters’ desire to put the “America First” slogan into practice
4️⃣ The relationship with Israel
His most notable remark was: “The real reason we lost is the war.”
📉 Vance’s comments came as oil prices plunged sharply, with WTI crude falling below $90 a barrel amid growing market bets on a possible de-escalation of the conflict with Iran.
Frankly, it looks like markets have started pricing in the possibility that the war will end and the geopolitical risk premium will decline. But any new escalation could quickly turn things around.
Peace agreements here would send the market soaring, but with Trump losing, I wouldn’t be surprised if he stirred things up again 📈📉
#BTCRebounds80K
