Investors are closely monitoring potential shifts in U.S. President Donald Trump's policy on Iran, as his social media activity continues to cause significant fluctuations in the oil market. According to Jin10, since the onset of the Middle East conflict initiated by Trump, he has frequently intensified threats against Iran during the oil market's weekend closure, while hinting at peace when oil prices rise. This pattern underscores the pivotal role of the oil market in the conflict's progression and highlights the White House's efforts to prevent runaway crude prices—successfully, at least for now.
"It's clear that Trump fears high oil prices... Gasoline prices exceeding $4 are politically fatal," said Jorge Montepeque, an oil analyst at Onyx Capital Group. "On the other hand, his ego is also important. He can't afford to appear as if he's losing."
A veteran energy trader noted a discernible pattern: whenever U.S. oil prices approach $95 to $100 per barrel, the government's conciliatory rhetoric increases, and speculation about potential government intervention in the oil market grows.