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Trump, the World's Largest Oil Trader
> Original Title: "Trump, the World's Largest Oil Trader"
> Original Author: David, Deep Tide TechFlow
How much can a single post be worth?
At 7:05 AM ET on March 23, Trump posted an all-caps message on Truth Social, essentially stating: The U.S. and Iran had conducted "very good, productive dialogue" over the past two days, and he has ordered a five-day pause on strikes against Iranian power plants and energy facilities.
When this post was published, U.S. stocks hadn't opened yet. But the futures market operates in real-time.
Within minutes, Dow Jones futures surged over 1,000 points, and S&P 500 futures rose 2.7%. Brent crude oil plummeted from $113 per barrel directly to $98, a drop of over 13%.
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