Oil Prices Sink 4% As Geopolitical Fears Fizzle
With traders across the globe refreshing their X accounts every 3 seconds, expecting to see news of imminent "kinetic action" in Iran, they instead got a report from NBC indicating that military action is far from certain and could take days to launch. According to the report which cites multiple anonymous sources - including a U.S. official, two people familiar with the discussions and a person close to the White House - Trump has told his national security team that "he would want any U.S. military action in Iran to deliver a swift…