SignalCommodities
Oil prices rise after Trump says no Iran deal needed: 'We've got their Strait'
Oil prices jump after Trump says no Iran deal needed, citing control of Strait.
Context
What happened: Oil prices jumped Thursday after President Donald Trump said no Iran deal is needed, with comments that raised worries the U.S.-Iran war may not end soon.
Why it matters: The content attributes the price move to concerns that an end to the U.S.-Iran war was not in sight following Trump's remarks.
What changed
Oil prices jumped Thursday after President Donald Trump said no Iran deal is needed, with comments that raised worries the U.S.-Iran war may not end soon.
Why it matters
The content attributes the price move to concerns that an end to the U.S.-Iran war was not in sight following Trump's remarks.