Trump Hints at ‘Quick’ Exit From Iran but US Could Return for ‘Spot Hits’
7 Articles
7 Articles
Investors have rejoiced at the thought that the attack on Iran might be over.
The price of oil falls below $100 a barrel and the price of gasoline drops for the first time in 5 days By Editor of Sin Comillas The price of Brent crude, the reference price in Europe, fell 14% and quoted below $100 a barrel in the first hours of today. Markets thus respond to the words of the President of the United States, Donald Trump, who said yesterday that the war is going to end in “two or three weeks.” The United States and Israel atta…
Crude Prices Tumble Below $100 as Trump Hints at Iran Conflict Resolution
Key Takeaways Brent crude temporarily traded under $100 per barrel, declining more than 5% before staging a partial rebound President Trump indicated the United States might withdraw from Iran in two to three weeks Despite the decline, crude prices remain approximately 40% above pre-conflict levels from late February The Strait of Hormuz, responsible for transporting about one-fifth of worldwide oil supplies, continues to face significant disru…
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