Why oil markets are ignoring Trump's "truths"
Data: RollCall , Financial Modeling Prep; Chart: Erin Davis/Axios Visuals Oil price changes in response to President Trump's social media posts about the Iran war have been shrinking over time, an Axios analysis shows. Why it matters: Oil price changes ripple throughout the U.S. and global economies, and the conflict has brought unprecedented supply disruption. Traders weigh whether his comments suggest U.S. moves that would help or hinder oil transit, as well as the potential for attacks on…
Axios
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- Velocity
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Strongest signal: geographic relevance, 10 of 10. How each signal is calculated.
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