Oil prices surge after Trump’s White House primetime address on Iran

    Oil has risen 7% overnight to $108 a barrel after President Trump’s White House address failed to provide a clear commitment to ending the Iran war.

    Markets had hoped for an off-ramp from the conflict, but the speech has unwound half of this week’s gains. UK borrowing costs remain elevated at 4.3%, up from 3.5% before the war began.

    Read more: https://news.sky.com/story/iran-war-latest-trump-tehran-us-israel-kharg-island-netanyahu-lebanon-strikes-drone-live-sky-news-13509565

    #oil #donaldtrump #usa #iran #middleeast

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    30 Comments

    1. (Shadowed Banned) I don't know much about Markets……But if They are paying any Heed to Trump. They are the Dumbest People that Walks the Earth…….(Drooling Face Emoji)

    2. Think the experts will ever figure the dolt is jerking them around? πŸ˜†
      Dolt nation, in a dolt world, I hear magic is coming to end your suffering and make your streets gold.
      Since childhood I wondered why angels that could fly, desired gold streets to stare at, never made sense.

    3. Everyone take a chill pill. Everyone is getting uptight.

      Maybe in the future make sure you have enough fuel in reserve in case a emergency happens!!

      The war against Iran will only last another 2-3 weeks.

    4. So Britain, after all the insults from Madman Trump you still want to send the King on a state visit to USA? Have you no shame left? I don't think Her Majesty Queen Elizabeth 2nd would have been 'amused'. 😊At least my Canadian PM gave Trump the middle finger salute to shut him up.
      Bonjour from Canada.

    5. If 'somebody' had 'foresight' of what President Trumps Truth Social posts were about they could certainly play the market and make a fortune, this whilst the safety of US forces and citizens is being risked, and the negative impact on the US economy 'to boot' as a result of them…but hey, some people have to think about their financial future/themselves, especially as they don't know how soon their current job may expire.

    6. So do you think all Trumps billionaire friends bought oil futures yesterday before his speach and then when oil get to its peak they'll all sell right before Trump declares victory and announces the removal of US troops and oil prices plummet!!!

    7. TRUMP IS BRINGING THE ENTIRE WORLD TOGETHER…. AND
      ISOLATING THE USA !!! πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚
      CANADA, MEXICO, EU, CHINA AND BRICS WILL BE A WORLD POWER !!!Β  ENJOY WHAT YOU VOTED FOR !!!
      HIGHER INFLATION, INTEREST RATES,Β  TAXES AND RECESSION !!!πŸ˜‚πŸ˜‚πŸ˜‚

    8. With most of the πŸ‡¬πŸ‡§ oil coming from Norway and the usa πŸ‡ΊπŸ‡Έ and barley anything from the middle east, our oil prices shouldn't be affected because our supply isnt affected really, remeber they all want you to switch to electric for thier green agenda, on top of that we have a 5 year oil reserve which we could release a years worth if needed, the uk isnt struggling for oil has they making it out, govemenrt take around 53% of the sale of petrol and diesel, so with a crisis which they have made up they can justify a price hike and grab has much money has possible, when are we going to learn that every time they hike the price of anything stop using it until they lower it back down, dont use your viechle unless you really have to or you need to use a viechle , they will keep doing this if noone takes any action agaisnt it, protesting won't work

    9. His message last night was a bunch of word salad… I wonder who won the bet last night? He continues to play with the People's lives like a board game. And to the highest bidder.

    10. I want to protect Israel as much as any Christian but we pay for health care and extreme rate and sometimes it isn't even good care and Israel gets free health care so what is the problem with our government

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