Oil Prices Plummet on Trump's Iran-Israel Prediction
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Show Notes
Oil prices plummeted Friday following Donald Trumps prediction of a swift resolution to the Iran-Israel conflict, exacerbating market jitters over interest rates and a robust dollar. The drop, coupled with a surprise increase in U.S. crude stockpiles, led to a three percent weekly loss for Brent and four percent for WTI. Despite the dip, prices remain high due to Middle East tensions and supply concerns, signaling more volatility in the oil market.
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