Trump's Iran war is nearing 7 months. Here's why his UN speech matters for oil prices and markets
New Delhi, Sept. 22 -- US President Donald Trump is set to address the United Nations General Assembly on Tuesday as his war with Iran approaches the seven-month mark, putting Iran war's impact on oil prices, shipping routes and global markets firmly in focus.
With Brent crude hovering around $100 a barrel and the Strait of Hormuz still facing disruption, investors will be watching Trump's comments for any indication of a shift towards diplomacy.
The Iran war has disrupted energy flows across the Middle East, with the Strait of Hormuz remaining a key concern for global oil markets. Although shipments through the waterway have improved, flows remain below pre-war levels.
Brent crude settled at $100.34 a barrel on Monday before rising ab...
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