Analyst: Trump's Press Conference Timing Uncertain, but Oil Price Movements Already Reflect Some Information

Odaily News According to Investinglive analyst Adam Button, Trump stated that a press conference will be held on Monday, but the exact time seems not to have been announced yet, which aligns with the fact that this meeting is closed-door rather than a public event. If I had to guess, such White House meetings are usually held during normal working hours—likely late morning or early afternoon, roughly between 10 AM and 2 PM Eastern Time. Obviously, any comments regarding the Iran war would carry a critical tone. Perhaps he is hinting that he will choose to withdraw (or declare victory), which is why the oil market is so heavy today. The situation has become a mess, and it appears that the "allied nations" are not sending their navies to the Strait of Hormuz to clean up this chaos. It's also possible that Iran has already begun negotiations, or that other alternatives are gradually unfolding. Equally possible is that no new information will be announced at this press conference, and the bombing and blockade will continue. For now, the price action is the main message of the day. (Jin10)