SMH · general

Why Trump may have changed the world’s oil markets forever

1 hour ago

On April 8, 2026, Donald Trump's announcement of a ceasefire in Iran caused oil prices to plunge, with West Texas Intermediate (WTI) trading at a rare premium over Brent Crude. This inversion marks a significant shift in the market dynamics, driven by disruptions in global supply due to ongoing conflict. Trump's assertion of U.S.

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Summary by Glance · Original reporting by SMH

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