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⚡️Brent oil prices soared above $90 per barrel for the first time in two years after Trump announced that "there will be no agreement with Iran" #Trump#Iran#Oil 👂More on Trump's Ear ⚠️

White House senior staff and administration officials are discussing the possibility that oil prices climb to a record $150 or more per barrel as the Iran war drags into its second month, according to a person familiar with the conversations and two people close to the White House. ⚠️⛽️ White House officials are looking at the economic effect of higher prices and considering ideas for bringing down those costs, including the deployment of additional emergency powers, according to two industry officials in contact with the White House, who, like others in this report, were granted anonymity to speak freely about private conversations. 📊 #Trump#Oil 👂More on Trump's Ear ⚠️

Traders placed nearly half a billion dollars in bets on falling oil prices just 15 minutes before President Trump’s announcement of “productive” talks with Iran sent prices tumbling. 📉 “It’s hard to prove causality . . . but you have to wonder who would have been relatively aggressive at selling futures at that point, 15 minutes before Trump’s post,” one market strategist told the Financial Times of the transactions. Roughly 6,200 Brent and West Texas Intermediate contracts traded between 6:49 a.m. and 6:50 a.m. on Monday, with unusually large bets in the oil futures market, worth roughly $580 million. The trades seemed reminiscent of an anonymous bet on Polymarket in January that saw one lucky user win $436,000 by betting on Venezuelan President Nicolás Maduro’s ouster just hours before he was captured by U.S. forces. ⚠️ #Trump#Oil 👂More on Trump's Ear ⚠️

Traders placed bets on oil worth $580 million about 15 minutes before U.S. President Donald Trump's Truth Social post announcing "very good and productive negotiations" with Iran, which led to a drop in oil prices. #Trump#Oil 👂More on Trump's Ear ⚠️

🇺🇸 🇮🇷 🛢U.S. Plans to Take Control of Iran’s Oil Reserves — White House Official “We ultimately won’t have to worry about problems in the Strait of Hormuz because we’ll take all the oil out of the hands of the Iranian authorities,” said Jarrod Agen, director of the U.S. National Energy Dominance Council, speaking to Fox News. #USA#Iran#Oil#Hormuz#Energy#Breaking 🔘Subscribe now!Chat

Why negotiations between #Iran and the #US are struggling Iran’s strategic confidence despite #economic pressure The importance of the Strait of #Hormuz in global #oil security #Missile power, #drones, and asymmetric warfare #strategies The role of #sanctions and economic warfare video link:https://youtu.be/oMadN9qHN4w?si=huMEEJvWhdAARF6M

#Sanctions on #Iran aimed to make selling its oil difficult, but #Tehran pushes through and resists those sanctions through a smart solution: Teapot refineries.

JD Vance’s visit to Hungary to show support for its far-right leader has been marred by reports that the European country’s government offered support to Iran in the wake of an Israeli attack. A leading member from the pro-Trump Hungarian Prime Minister Viktor Orbán’s government called a top Iranian official in September 2024 following the large-scale explosive pager attack that Israel was accused of carrying out in Lebanon against Hezbollah, a group designated a terrorist organization by the U.S. “Our secret service has already contacted your services and we will share all the information we have gathered during the investigation,” Hungarian Foreign Minister Péter Szijjártó told his Iranian counterpart Abbas Araghchi on September 30, according to a transcript obtained by The Washington Post. “Every possible document will be shared with your services.” Details of the call, in which Hungary offered aid to a country the U.S. has been at war with for more than a month, will likely cause further headaches for Vance and the rest of the Trump administration. #Vance#Iran#Russia 👂More on Trump's Ear ⚠️

President Trump told Axios in an interview on Monday that the situation with Iran is "in flux" because he sent a "big armada" to the region but thinks Tehran genuinely wants to cut a deal. Why it matters: Trump came close to ordering a strike on regime targets in Iran earlier this month over the killing of thousands of protesters. Instead he delayed the decision while also moving military assets to the region. White House officials say an attack is still on the table, though the protests have largely been suppressed. Sources with knowledge of the situation say Trump hasn't made a final decision. He will likely hold more consultations this week and be presented with additional military options. Those options will be enhanced by the arrival of an aircraft carrier strike group to the region. The USS Abraham Lincoln entered CENTCOM's area of responsibility on Monday. What he's saying: In the interview, Trump mentioned his decision to dispatch the Lincoln. "We have a big armada next to Iran. Bigger than Venezuela," Trump said. He declined to discuss the options presented to him by his national security team, or which one he prefers. At the same time, he said diplomacy remained an option. "They want to make a deal. I know so. They called on numerous occasions. They want to talk." A senior U.S. official said in a briefing with reporters several hours after Trump spoke to Axios that the White House "is open for business" when it comes to negotiations with Iran. "If they want to contact us and they know what the terms are, then we're going to have the conversation", the U.S. official said. The official added that the U.S. conditions for a deal have been transmitted to Iran many times in the last year. #Trump#Iran 👂More on Trump's Ear ⚠️

Trump is leaning towards striking Iran as punishment for the regime's killing of protesters, - Axios #Trump#Iran 👂More on Trump's Ear ⚠️