Trading Day: Oil Strait back up again - reuters.com
Trading Day: Oil Strait back up again reuters.com
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Notable Quotes
"Trump generally reinforced prior public comments that the war will end in a few weeks, but the military timeline differs from the economic one."
— Ryan Sweet , Executive
"The Middle East conflict has driven oil prices higher, causing market volatility and triggering ‘warflation’, where inflation rises due to supply shocks while employment stays firm."
— Daniel Casali , Executive
"In what might be the most dramatic April Fools’ of recent years, Donald Trump did nothing of what was expected in his speech."
— Chris Beauchamp , Executive
"After rallying sharply over the previous two sessions, market sentiment has deteriorated overnight after Trump’s much anticipated address last night delivered little to nothing new on potential timelines or conditions for ending hostilities against Iran."
— Jim Reid , Executive
Key People
Chief analyst at IG, providing insights on market reactions.
Daniel Casali is the chief investment strategist at Evelyn Partners.
Former president of the United States known for his aggressive economic policies.
Market strategist at Deutsche Bank commenting on market sentiment.
Ryan Sweet is the chief global economist at Oxford Economics.
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<a href="https://news.google.com/rss/articles/CBMikwFBVV95cUxNdy0zV1BFZWRaTmVMXy1YTWJLc3F1a29hSFN0c2habDhKeElYTkQ0TE9LalhhTnpqVVhOMnVOZWxhQm9NWEk5UmV6NF9mZWpwdnRuY1V6N2JLODlSY0J6a1cwQzZjLTVYSm9LM284WHhrWFFWaHI0VXh3aExNbmJxWTBUajdYbkg5TXNpMmJNSFNObnM?oc=5" target="_blank">Trading Day: Oil Strait back up again</a> <font color="#6f6f6f">reuters.com</font>
US crude oil prices surged to $110 a barrel amid escalating tensions in the Middle East, following President Trump's remarks that dashed hopes for de-escalation with Iran.
US crude oil prices reached $110 a barrel, and Wall Street experienced a downturn as President Trump's comments undermined expectations for easing tensions with Iran.
US crude oil prices surged to $110 a barrel amid escalating tensions in the Middle East, following President Trump's remarks that dashed hopes for de-escalation with Iran.
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