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I’m not a Trump buff. But to ignore what Trump actually does—like when he drove oil prices down, and now they’ve been driven up again by an Iranian move—would be foolish. It won’t last long. Prices will fall sooner or later—most likely in early July, though we can’t give exact forecasts; it might be next week, or even this week. Once the confrontation starts to cool, Urals crude will drop below $60.
#Oil #Economy