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15.01.26 - 04:06
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Oil, Precious Metals Tumble After Report Signaling No Imminent Action Against Iran (ZeroHedge)
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Oil, Precious Metals Tumble After Report Signaling No Imminent Action Against Iran
With traders across the globe refreshing their X accounts every 3 seconds, expecting to see news of imminent "kinetic action" in Iran, what they got instead was a report from NBC which indicated that military action is far from certain, and at best could take days before it is launched.
According to the report which cites multiple anonymous sources - including a U.S. official, two people familiar with the discussions and a person close to the White House - Trump has told his national security team that "he would want any U.S. military action in Iran to deliver a swift and decisive blow to the regime and not spark a sustained war that dragged on for weeks or months."
“If he does something, he wants it to be definitive,” one of the people familiar with the discussions said.
The punchline: Trump's advisers have so far not been able to guarantee to him that the regime would quickly collaps...
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15.01.26 - 04:01
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Trump says he supports Venezuela remaining in OPEC (The Hill)
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President Trump said in an interview on Wednesday that he supports Venezuela staying in the Organization of the Petroleum Exporting Countries, also known as OPEC. “Well, I think it's better for them if they do it,” Trump told Reuters when asked if he backed the South American country staying in the oil cartel. “I don't know that......
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