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News & Current Events Apr 1, 2026 at 4:11 AM

Oil extends gains after record monthly rally as Trump signals Iran war exit amid energy disruptions

Posted by papipota

Oil prices fall to around $100 after Trump indicates war could end in weeks
CNBC
Oil prices fall to around $100 after Trump indicates war could end in weeks
Crude prices fell Wednesday as President Donald Trump signaled a willingness to exit the Iran war even as the Strait of Hormuz remains largely closed.
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the_cutlery_drawer Apr 1, 2026 +58
I'm amazed that markets react to anything Trump says. You may as well put money down on a r******* wheel, and choose your numbers by how many times he's flipped and flopped in a day.
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BAHatesToFly Apr 1, 2026 +15
Four straight weeks now, on Monday/Tuesday, Trump has "signaled" the war is close to ending, and stocks go up. Then as the week goes on and reality sets in, stocks tank on Thursday and Friday. We've had our weekly pump, will probably spill over into today. Then we're primed for a sell-off into the weekend.
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carlos5577 Apr 1, 2026 +16
The market is made mostly of old money and old money votes republican. They think trump will not hurt their own, but forget trump is dumb and incompetent.
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xdvesper Apr 1, 2026 +4
Like the rest of the stock market really... you're reacting to sentiment, not fundamentals.
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leisurechef Apr 1, 2026 +18
Didn’t they just send another aircraft carrier to the region?
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mrjim87x Apr 1, 2026 +8
Yeah to replace the one under repair.
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Angry_beaver_1867 Apr 1, 2026 +11
Im not convinced the US leaving means the straights will reopen for all traffic.   The Iranians are not overly fond of their neighbours and could use the extra cash from elevated oil prices.  
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squeeze-my-lizard Apr 1, 2026 +15
The US will lose its allies in the Gulf, just as it did in Europe. The objective of Project 2025, the Heritage Foundation’s plan, is to isolate the US from its allies. According to them, everything that the US needs can be provided by russia.
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boersc Apr 1, 2026 +2
Well, Russia IS much nearer than the EU...
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squeeze-my-lizard Apr 1, 2026 +1
Ideologically? Yes. Nowadays barely make sense to distinguish between usa and russia. Trump is Putin’s local governor.
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Sarnsereg Apr 1, 2026 +5
This is the pump, sell now before the trump dump
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Carbonga Apr 1, 2026 +3
It does not matter what trump says. When will the media get it?
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Boys4Ever Apr 1, 2026 +1
Tapping out would normally be embarrassing but we will just spin it as a win
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EmotionFriendly1096 Apr 1, 2026 +1
just a coincidence Trump and family have large investments in oil and also made a ton of cash…
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Gareth009 Apr 1, 2026 +1
With every Trump flip-flop his insiders make money.
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