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progree

(12,948 posts)
2. His decision to pause the strikes was seen as an effort to manage oil prices by people familiar with the diplomatic
Tue Mar 24, 2026, 08:41 AM
23 hrs ago

talks, and Trump on Monday acknowledged the link.

Oil Resumes Advance on Concern Middle East War May Escalate, Bloomberg, 3/24/26 644a EDT
== https://finance.yahoo.com/news/oil-holds-hefty-drop-trump-232733718.html

"At the weekend, Trump had threatened to bomb Iran’s energy infrastructure unless Hormuz was fully opened within 48 hours. His decision to pause the strikes was seen as an effort to manage oil prices by people familiar with the diplomatic talks, and Trump on Monday acknowledged the link. “The price of oil will drop like a rock as soon as the deal is done,” he said."


Volume in stock and oil futures surged minutes before Trump's market-turning post, CNBC, 3/23/26
https://www.democraticunderground.com/10143637679

The last paragraph of your OP is what it inspired this post

Axios reported Monday, citing an Israeli official, that U.S. envoys Steve Witkoff and Jared Kushner were in touch with Ghalibaf, the parliament speaker since 2020. President Trump also said Monday that he is not in contact with the new Iranian Supreme Leader, Mojtaba Khamenei, but noted that Witkoff and Kushner spoke with their Iranian counterparts on Sunday. “We’re dealing with a man who I believe is the most respected and the leader,” Trump told reporters in Palm Beach, Fla.


There's another headline out there, at Yahoo Finance I think, "Why Does Wall Street Seem to Believe the President?" or something like that.

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