President Trump posts image of US Navy destroying an Iranian drone; he also posts positive comments on oil and stock markets
President Trump's post showcasing the U.S.
Newsquawk Daily US Opening News - 8th May 2026
Fed's Cook (voter) does not comment on monetary policy or the economic outlook
President Trump posts image of US Navy destroying an Iranian drone; he also posts positive comments on oil and stock markets
A state of emergency was declared at Libya’s Zawiya oil refinery (120k BPD) after clashes nearby, Al Araby reports citing a source; if this continues, it will impact refinery activity and Libyan exports
Tanker Trackers reports three empty National Iranian Oil Company tankers reached Iran after passing through Pakistan’s corridor, Tasnim reports
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Navy destroying an Iranian drone signals heightened geopolitical tensions, which could escalate market volatility. His positive commentary on oil and stock markets suggests an attempt to stabilize investor sentiment amid uncertainty. Traders should watch for potential safe-haven flows and reactions in energy prices, particularly WTI, as this situation develops.
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