Why Does Oil Fluctuate Just On The Whims And Wishes Of Trump?

(2 Posts)

mae13 Thu 30-Apr-26 08:54:17

As of this morning (30/04/2026) oil has jumped to $125 a barrel because the White House says the Iran blockade, by America, may last for months.

But by this time tomorrow there will probably be a diktat from HRH Donald saying the opposite. And the stock markets will be on the move again.

Who gives him this unstoppable power?

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petra Thu 30-Apr-26 08:59:18

mae13
As of this morning (30/04/2026) oil has jumped to $125 a barrel because the White House says the Iran blockade, by America, may last for months.

But by this time tomorrow there will probably be a diktat from HRH Donald saying the opposite. And the stock markets will be on the move again.

Who gives him this unstoppable power?

The us markets are looking very healthy this morning.
Nothing to do with oil but tech stocks.

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