NEW
oil market volatility Flash News List | Blockchain.News
Flash News List

List of Flash News about oil market volatility

Time Details
2025-05-01
18:26
Oil Prices Surge to $60/Barrel After Trump Threatens Sanctions on Iran Oil Buyers – Trading Outlook

According to The Kobeissi Letter, oil prices are rapidly approaching $60 per barrel following President Trump's announcement that any country purchasing oil from Iran will face U.S. sanctions and will not be permitted to conduct business with the United States (Source: The Kobeissi Letter, Twitter, May 1, 2025). This policy escalation has led to immediate bullish momentum in the oil markets, increasing volatility and tightening global supply outlooks. Traders are advised to monitor crude oil futures and related energy sector stocks for potential breakout opportunities, as geopolitical risk premiums are likely to sustain upward price pressure in the near term.

Source