US President Trump says there is no reason to panic over Iran war oil-price surge, and says 'I have a plan for everything', NYP reports
Newsquawk Staff ·
US President Trump says there is no reason to panic over Iran war oil-price surge, and says 'I have a plan for everything', NYP reports.
What it means
President Trump's comments aim to calm market fears regarding the impact of escalating tensions with Iran on oil prices. His assertion of having a comprehensive plan suggests a measured approach could mitigate potential disruptions in the energy market, which is critical for both inflation and economic stability. This kind of rhetoric may influence risk sentiment, supporting equities and potentially dampening immediate volatility in oil prices.
Sources
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
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