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Trump says war will end when he feels it "in my bones"

We are deep into the improvisation phase of the war with Iran.Donald Trump told The Brian Kilmeade Show he will know the Iran conflict is over “when I feel it in my bones.” On a somewhat more-concrete note, he suggested it may not last much longer.The market doesn’t appear to be shifting in that direction. A WSJ report said the Pentagon sent a marine exeditionary unit to the Middle East, though it’s not clear where. The fear is that a ground war could be coming.WTI crude oil is now down just 60 cents to $95.12 after falling as low as $92.04 earlier. The S&P 500 is down 10 points after rising by 60 points earlier.
This article was written by Adam Button at investinglive.com.

🔗 Source

💡 DMK Insight

The ongoing tensions with Iran are creating a volatile environment for traders, especially in energy markets. With Trump hinting at a potential resolution, traders should be cautious about how geopolitical news can impact oil prices. If the conflict eases, we could see a significant drop in crude oil prices, which are already sensitive to supply disruptions. Keep an eye on the $80 per barrel level; a break below could trigger a wave of selling. On the flip side, if tensions escalate, expect oil to spike, potentially testing resistance levels around $90. This situation is a reminder that geopolitical events can shift market sentiment rapidly. Traders should monitor news closely and consider hedging strategies to mitigate risks. Look for key indicators like the EIA crude oil inventory report for further insights into market direction.

📮 Takeaway

Watch for crude oil prices around $80; a break below could signal a sell-off, while escalating tensions may push prices toward $90.

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