Oil prices rise after Trump insists the Iran war is going to plan
One market analyst says Trump warning the Iran war will take 2-3 more weeks, without a plan to reopen the Strait of Hormuz, "was far less than" investors had hoped for.

The stock market opened with losses Thursday morning and oil prices shot higher in the wake of President Trump’s speech on the Iran war. The Dow Jones Industrial Average was down roughly 600 points after the Thursday opening bell, falling 1.3 percent on the morning. The S&P 500 index was also down 1.3 percent and…
One market analyst says Trump warning the Iran war will take 2-3 more weeks, without a plan to reopen the Strait of Hormuz, "was far less than" investors had hoped for.
President Donald Trump's late-night TV address to the nation regarding the US-Iran war has sent global markets spiraling.
Sanctioned traders, including Hossein Shamkhani, have been able to move oil through the Strait of Hormuz and exploit higher prices.
Trump said Wednesday that countries relying on oil shipments through the Strait of Hormuz should take the lead in reopening it.
US stock futures plunged Thursday morning as oil prices surged after President Trump vowed to hit Iran “extremely hard” in the coming weeks.
President Donald Trump, in his address to the nation Wednesday evening, caught oil markets flat-footed. Rather than signaling an early end to the Iran war, Trump said that the U.S. military would intensify its campaign against Iran for the next two to three weeks. Borrowing rhetoric from the Cold War, Trump said that the United States would “bomb…