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Trump’s ability to talk down oil prices is being tested
Trump's verbal interventions to lower oil prices are being tested as the Iran conflict continues. The ongoing conflict suggests that verbal measures may no longer be sufficient to suppress oil prices.
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Adjacent reporting
- Trump says he thought oil prices would be ‘much worse’ amid Iran war
- Trump says price of oil may rise after peace talks between the U.S. and Iran collapse
- Oil Holds Decline as Traders Weigh Trump’s Latest Iran Threats
- Oil prices fall as Trump tries to convince market an Iran deal is close despite recent violence
- Oil prices fall more than 4% after Trump says Iran talks proceeding in a 'constructive manner'
- Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal