Physical crude markets have also firmed again in recent days, offering a reminder of the wider supply tightness that’s hitting the global oil industry.
A new filing reveals 3,642 trades in Q1 in an account held in Trump’s name. The Trump Organization and White House say the president has no role in directing the account.
“The market has been complacent,” Chen Chien-Ming, an associate professor at NTU, says, blaming investors’ “wishful thinking that the war will soon end.”