Positioning for Trump to pull out of Iran

Speaking moments ago, US President Donald Trump recently stated that Iran’s military capability is basically NIL and that the US controls Tehran’s airspace. He confidently remarked, “I don’t like to say this, but we’ve won this war.” 

Trump also hinted at a goodwill gesture from Iran, describing it as a “present” related to oil and gas.  

An Iranian source confirmed that the US initiated outreach to end the war. Trump mentioned that Vice President JD Vance and Secretary of State Marco Rubio are leading negotiations. 

The announcement of a 5-day ceasefire on Monday led to a 10% fall in the price of crude. Now, imagine what a “Mission Accomplished” moment for this war could produce in crude. 

WTI crude oil futures are up almost 4% on the day to around $91.5 per barrel. It has pulled back from a 5% gain that was being registered before Trumps new messages, but the market doesn’t appear to be taking the bait of the war-coming-to-an-end messaging yet. 

For the exact date and time of major economic events, import the BlackBull Markets Economic Calendar to receive alerts directly in your email inbox.        

Trading involves risk and may not be suitable for all investors. The information provided in this article is for educational purposes only and does not constitute financial advice. Always conduct thorough research and seek professional advice before making any investment decisions.

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Positioning for Trump to pull out of Iran

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