From Exit Hopes to Escalation: Trump Address Raises Risk of Brent Break Above $120–125 – ActionForex
Instead of confirming a near-term exit from the Iran War, US President Donald Trump’s address has triggered a sharp repricing of war risk, with markets shifting from de-escalation expectations to renewed escalation. Hopes for any diplomatic resolutions were dashed. Brent oil price surged back toward $110, and risks are now skewed toward a further move…