Axios · 8 Jul 2026
Oil jumps after Trump's Iran ceasefire comments
Data: Financial Modeling Prep; Chart: Ben Geman/AxiosOil markets are taking President Trump's claim that the Iran ceasefire is "over" seriously, but not literally.Why it matters: The price jump is big, but even now, there are signs that the markets aren't expecting a complete return to war.The lates
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