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Is President Trump Helping Crude Oil Bulls or Bears?

Is President Trump Helping Crude Oil Bulls or Bears?

On May 8, President Trump said that the US is exiting the Iran nuclear deal. On June 26, President Trump pushed Iran’s allies to stop importing crude oil from the country by November 4. Active WTI crude oil prices hit $74.15 per barrel on June 29—the highest level since November 2014.