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.
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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.
