Brent Briefly Hits $94 After Trump Says U.S. Has No Need for Iran Deal
President Donald Trump declared Thursday that the United States no longer needs a deal with Iran, just three days after suggesting the eight-month war was nearing its end. Oil prices promptly jumped, adding another…
Brent Briefly Hits $94 After Trump Says U.S. Has No Need for Iran Deal
Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector. Her…
President Donald Trump declared Thursday that the United States no longer needs a deal with Iran, just three days after suggesting the eight-month war was nearing its end. Oil prices promptly jumped, adding another round of volatility to a market that has spent November reacting to shifting expectations for peace.
"We don't need a deal with Iran. Those days have long since passed," Trump wrote on Truth Social, adding that Washington had control of Iran's money and the Strait of Hormuz.
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