How Trump and the oil markets move in sync: a tango in five charts
Oil markets have been sensitive to Donald Trump's comments on the war. But are traders growing less responsive?
Coverage by Political Leaning
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Notable Quotes
"Investors are trying to price genuine uncertainty."
— Jonathan Raymond , Executive
"As they say, the first casualty of war is truth."
— Brian Szytel , Executive
"Market reactions are becoming more muted because of the huge gap between Trump's reassurances and the lack of acknowledgement from Tehran."
— Jane Foley , Executive
"There is a degree of scepticism, or even downright cynicism, creeping in at the edges."
— Russ Mould , Executive
"negotiations with Tehran were progressing positively, although no concrete agreement had been reached"
— Donald Trump , Politician
"take the oil in Iran"
— Donald Trump , Politician
"negotiations with Iran were progressing 'very well'"
— Donald Trump , Politician
Key People
Brian Szytel is associated with the Bahnsen Group.
Former president of the United States known for his aggressive economic policies.
Jane Foley is the head of FX strategy at Rabobank.
Jonathan Raymond is an investment manager at Quilter Cheviot.
Mohammad Bagher Ghalibaf is the Speaker of the Iranian Parliament.
Naomi Rainey contributed to the reporting.
AJ Bell investment director commenting on Raspberry Pi's performance.
Tags
All Coverage
Oil markets have been sensitive to Donald Trump's comments on the war. But are traders growing less responsive?
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An analysis of how President Trump's statements and actions have influenced global oil prices amid escalating tensions with Iran.
Global oil prices surged as President Trump's extended ultimatum to Iran led to Brent crude surpassing US$110 per barrel.
Oil prices fell after reports that President Trump was considering ending military operations against Iran, though losses were limited by plans to keep the Strait of Hormuz closed.
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