Oil prices are under some pressure after the latest comments from the US President suggest that he doesn't want to escalate further:

  • Anything that happens will be over quickly
  • Don't think Iran war will start again
  • You can't let lunatics have nuclear weapons
  • Not sure I want to make a deal with Iranian leaders
  • He changed his mind on Iran leaders being reasonable once he got to know them
  • Iran leaders are now more rational
  • This will end very quickly

Meanwhile, Iran's deputy foreign minister said Iran must speak to Trump in his own language, as he understand force better.

US stocks have made a bit of a comeback with the S&P 500 down 0.5%.

This article was written by flc97fe4880a4b454993821fe0b770a597 at investinglive.com.

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