LondonBrent jumped to $94.30 minutes after Trump’s Iran post.
Trump said the US no longer needs a deal with Iran.
Iran’s military said Thursday four tankers were hit by explosions in Hormuz, the route for crude from major Middle Eastern producers.
Brent still headed for a 2.9% weekly loss Friday, after a 16% plunge the week before.
Analyst Sugandha Sachdeva says any fresh supply disruption would quickly push prices back up.
How each outlet framed it
drawn from 80+ reports worldwide · These outlets told this story differently.
- Middle East Monitor
- TRT World
- reads Trump's remarks as a shift toward sanctions over military action, quoting an analyst on rising US crude inventories
- TASS
- times the reversal to the minute: Brent went from -0.74% before Trump's post to +1.66% seven minutes later
Sources: Middle East Monitor, TRT World, TASS