Dovish Iran Rhetoric Pulls Rug From Under Crude

摘要

Oil futures sank on Tuesday after news broke that tensions between the US and Iran appear to be easing somewhat. During a Cabinet meeting, US President Donald Trump reiterated that he does not seek war with the Islamic Republic despite well-publicized moves such as sending more troops to the Middle East, and Secretary of State Mike Pompeo said Iran was willing to negotiate about its missile program (related).