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πΊπΈ US oil prices surge above $101/barrel as President Trumpβs βdeadlineβ for Iran is now 15 hours away.
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EUROPEAN STOCKS FALL ACROSS THE CONTINENT AS MIDDLE EAST TENSIONS ESCELATE; GERMANY'S DAX SINKS 2%
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President Trump postpones strikes on Iranian energy infrastructure.
I HAVE INSTRUCTED THE DEPARTMENT OF WAR TO POSTPONE ANY AND ALL MILITARY STRIKES AGAINST IRANIAN POWER PLANTS AND ENERGY INFRASTRUCTURE FOR A FIVE DAY PERIOD, SUBJECT TO THE SUCCESS OF THE ONGOING MEETINGS AND DISCUSSIONS.
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π¦πͺ UAE restarts Habshan gas plant, but most LNG exports remain shut due to Strait of Hormuz closure.
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Brent crude oil falls under $100, crashing over 10% after President Trump says talks with Iran to end the war are "very good."
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SPX: $6506
NASDAQ: $21647
DXY: $99
Gold: $4469
Silver: $69
Bitcoin: $70583
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Trump said USβIran talks were βproductiveβ β S&P 500 +$2T in minutes.
Iran denied any talks shortly after β market reversed β$1T.
Total swing: about $3 trillion in under an hour.
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πΊπΈ Over $900 billion added to the US stock market at open.
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Shipping traffic through the Strait of Hormuz halted.
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πΊπΈ Goldman Sachs raises US recession probability to 30%.
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