Markets Whiplashed by Trump’s Iran Rhetoric

Following the crude markets is gradually becoming an extreme sport rather than a financial hobby, with US President Trump unleashing a flurry of contradictory messages this week. Is the US holding talks with Iran? Trump says the talks are constructive, Iran says there were none. Can the US reopen the Strait of Hormuz? One day, Trump states he would obliterate Iran if it doesn’t, the next day the President claims he and the ayatollah will share control over it. In an atmosphere of absolute madness, ICE Brent ...