Former JPMorgan strategist Marko Kolanovic suggests President Trump's Iran ceasefire extension is a strategic response to counter a 6% oil price surge, aiming to push crude prices lower as the two-week truce deadline approaches amid Tehran's rejection of the extension.
#YonhapInfomax #TrumpCeasefire #OilPrices #IranTensions #MarkoKolanovic #CrudeMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=116792
Wall Street Expert - 'Trump's Ceasefire Extension Aimed at Lowering Oil Prices'

Former JPMorgan strategist Marko Kolanovic suggests President Trump's Iran ceasefire extension is a strategic response to counter a 6% oil price surge, aiming to push crude prices lower as the two-week truce deadline approaches amid Tehran's rejection of the extension.

Yonhap Infomax
#Oil prices rose slightly: #Brent $81.33, #WTI $77.28. API shows 3.9M barrel draw in U.S. inventories. #MorganStanley sees oil surplus by 2025 due to high production & weak China demand. #OilPrices #CrudeMarket #USInventories #ChinaEconomy