Investors are hunting for the “pain point” that prompts Donald Trump to make policy pivots on his war in Iran as the US president’s social media posts ignite severe swings in the oil market.
Since Trump launched the war in the Middle East, he has tended to intensify his threats against the Iranian regime over weekends, when oil markets are closed, and hint at impending peace when prices are rising.
The messages are part of his administration’s efforts to tamp down petrol price inflation just months ahead of midterm elections when an affordability crisis will be on voters’ agenda.
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