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US Pres. Trump is speaking on Iran and says:Not happy with Iran, but were talks expected Friday.Has not made a decision on Iran and not happy with how they negotiate.Iran cannot have nuclear weapon.There may or may not be a regime change in Iran.Wants to make a deal with Iran.Asked about using military force in Iran, “don’t want to but sometimes you have toIran isn’t saying the golden words “No nuclear weapon”the price of crude oil has traded to the highest level going back to the beginning of August 2025. The high price today reached $67.83. The current price is trading at $66.57. The price is back below the 50% of the range since the 2025 high at $66.74.
This article was written by Greg Michalowski at investinglive.com.
đź’ˇ DMK Insight
Trump’s remarks on Iran are stirring the geopolitical pot, and here’s why that matters for traders: The uncertainty surrounding Iran’s nuclear ambitions and potential regime change could lead to volatility in oil prices and related markets. If tensions escalate, we might see crude oil spike, impacting not just energy stocks but also currencies tied to oil exports like the Canadian dollar. Traders should keep an eye on the WTI crude oil price, especially if it approaches key resistance levels. The market’s reaction to Trump’s comments could also influence broader risk sentiment, affecting equities and safe-haven assets like gold. On the flip side, if negotiations progress positively, we could see a dip in oil prices, which might provide buying opportunities in related sectors. Watch for any developments in the coming days, particularly around Friday, as that could set the tone for the next week. Keeping tabs on the geopolitical landscape will be crucial for positioning in both forex and commodities markets.
đź“® Takeaway
Monitor WTI crude oil prices closely; any spike could signal increased volatility in energy and related markets this week.
