OilPrice.com: Oil Prices Rise After Trump’s Syria Tweets
Oil prices soared on Wednesday morning after U.S. President Donald Trump tweeted earlier in the day that Russia would better “get ready” for U.S. missiles in Syria.
At 08:33 a.m. EDT on Wednesday, WTI Crude was above $66 and Brent—above the $71 mark. WTI Crude was up 0.92 percent to $66.12, while Brent Crude had jumped 0.87 percent at $71.66.
“Russia vows to shoot down any and all missiles fired at Syria. Get ready Russia, because they will be coming, nice and new and “smart!” You shouldn’t be partners with a Gas Killing Animal who kills his people and enjoys it!” President Trump tweeted early on Wednesday, sending oil and gold surging as investors fear potential oil disruptions in the Middle East on the one hand, and flock to safe-haven gold on the other.
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WNU Editor: Oil traders around the world are watching and monitoring the news every second.
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