POLITICSPOLITICO EUROPE
Trump has been able to keep oil prices low. But that power may not last forever.
President Trump has managed to keep oil and gas prices relatively stable through promises of ending the Iran conflict, but his influence on markets is waning as global oil supplies dwindle and midterm elections approach. Energy markets remain unresponsive to his shifting policies, raising concerns about Republican electoral prospects.
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- Trump says price of oil, gas ‘could be’ down, ‘the same or maybe a little bit higher’ by the midterms
- Oil Holds Decline as Traders Weigh Trump’s Latest Iran Threats
- Oil Extends Decline as Traders Weigh Trump’s Latest Iran Threats
- Trump’s time is running out to avoid a nightmare Strait of Hormuz scenario
- Trump’s ability to talk down oil prices is being tested
- Oil Steadies After Slump as Deal to End Iran War Remains Elusive