BREAKING: President Trump says Iran has informed the US that there are no tolls, insurance costs, or other charges being "sought or received by Iran" on ships traveling through the Strait of Hormuz.
Trump also says he will be releasing Iranian funds to US farmers and ranchers.
"Food is desperately needed in Iran, and we will be purchasing it for them exclusively from the United States," Trump says.
BREAKING: US oil prices are currently attempting one of their biggest reversals in history.
At 10:30 PM ET, US oil prices were up as much as +30% on the day.
Then, FT reported that G7 countries are considering releasing 400 million barrels of crude oil from reserves.
Less than 4 hours later, US oil prices are nearing $100/barrel and now up +12% on the day, erasing more than half of their daily gain.
Can oil markets erase today’s rally?
@KryptoWolfGER Du musst einfach wissen, dass man in hoch dynamischen Märkten (wie der Krypto-Markt) nicht von der Vergangenheit auf die Zukunft schließen kann.
@21__infinity@KryptoWolfGER Daran merkt man, das wenig Wissen dahingehend vorhanden ist. Saubere, vollständige Ausführung mit kontrollierbarem Gewicht -> Keine Abrissgefahr