🇺🇸🇮🇷 $ACX Trump’s optimism isn’t calming oil markets $DEGO
$GTC Even with 572M barrels released, oil is near $100 a barrel.
The main issue? Uncertainty over how long the Iran war will last. Trump says it’ll end “pretty quickly,” but traders aren’t fully convinced.
Iran’s threats and nearly 20M barrels per day still offline keep markets on edge. Restarting full production will take months.
In short, the release helps, but uncertainty rules.