06 March 2025: 16:30 GMT
Belligerent Bessent said the US will shut down Iran’s oil sector and drone manufacturing, yeah. sure! Of course, nothing’s actually happened yet, but we have heard this before. 🤣 Yet, price bounced from below $69 to $69.40 by 17:30 GMT. To tariff or not to tariff, these tariffs are just fuelling uncertainty. Especially when they keep changing. The ‘will they, won’t they’ works well for a romcom, but it’s not a great way to manage international commerce and business.
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