5 Hrs
Source:
Sky News
Markets Skeptical of Trump Oil Claims
Analyses indicate that the oil markets are reacting cautiously to U.S. President Donald Trump's statements regarding Iran, considering these reactions as a necessary measure rather than just a fleeting response. Although oil prices temporarily declined after the postponement of a military strike, the market remains in a state of cautious watch due to the ambiguity of the political situation and the possibilities of escalation or de-escalation. It is also expected that the level of reaction will intensify if military escalation resumes directly.
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