Trump says meeting Friday to make final decision on deal with Iran - Reuters
Geopolitics
Trump has announced a Friday meeting to make a final decision on a potential deal with Iran, signaling imminent resolution to months of nuclear negotiations. A deal would likely unlock Iranian oil supply, pressuring crude prices and creating a sharp divergence between energy bears and defense/sanctions-play bulls.
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↓ SHORT-5% target+3% stopTactical / into Friday decision, hold 1-2 weeks post-announcementMay 23 '25
Short crude via USO into Friday's Iran deal decision — a signed agreement floods ~1M bbl/day back into the market, pressuring WTI toward $65.