TRUMP SIGNALS LOWER OIL ๐จ
Trump said oil prices could fall sharply toward pre war levels if the Iran conflict ends soon.
That outlook puts crude prices in focus, with $BZ currently around 98.9. A sustained de-escalation could reduce the geopolitical risk premium in oil, while any renewed tensions could keep prices elevated.
For $TRUMP , the statement also adds another macro narrative to watch as markets react to developments around Iran and energy prices.
Trump said oil prices could fall sharply toward pre war levels if the Iran conflict ends soon.
That outlook puts crude prices in focus, with $BZ currently around 98.9. A sustained de-escalation could reduce the geopolitical risk premium in oil, while any renewed tensions could keep prices elevated.
For $TRUMP , the statement also adds another macro narrative to watch as markets react to developments around Iran and energy prices.
