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"Time Bomb" of Increased Uncertainty in the Markets - Fears of a New Surge in Oil Prices From Monday
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Market Today: Oil Prices Set to Spike Monday as Trump’s 48-Hour Ultimatum Creates ‘Ticking Time Bomb’ of Uncertainty; 440 Million Barrels Lost in 22 Days, Brent Crude at Four-Year High
Oil prices look set to rise further on Monday, having closed before the weekend at their highest in nearly four years, after U.S. and Iranian threats to target energy facilities, analysts said on Sunday. President Donald Trump’s 48-hour ultimatum to “obliterate” Iran’s power plants if Tehran does not fully reopen the Strait of Hormuz has placed a “ticking time bomb of elevated uncertainty” over global markets. Brent futures for May settled up 3.…
"Time Bomb" of Increased Uncertainty in the Markets - Fears of a New Surge in Oil Prices From Monday
Trump's threat is a 48-hour "time bomb" of increased uncertainty in the markets
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