8 Hrs
Source:
CNN Arabic
Oil Markets Continue to Trust Trump
The article focused on the impact of U.S. President Donald Trump's statements on oil markets, noting that prices dropped significantly before and during negotiations with Iran. The declines were repeated with announcements of progress in talks and the avoidance of military actions. It explained that the market continued to be heavily influenced by Trump's remarks about reaching an agreement with Iran, leading to major volatility in oil prices—especially during periods of threats and the cancellation of potential attacks. Additionally, global oil inventories are decreasing rapidly, signaling that a critical point may be approaching, which could require a sharp increase in prices—potentially exceeding $150 per barrel—to stabilize the market and restore balance.
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