On Iran, Trump says:
- Iran’s going to have to negotiate tougher
- I would love to avoid a conflict with Iran.
Crude oil spiked to the downside on the comment to $67.71 but has sent back to $68 currently. The price is also back below its 200 day moving average near $68.45. Earlier today, the price moved above that moving average for the first time since February 3.
This article was written by Greg Michalowski at www.forexlive.com.