Trump's Whiplash Iran Rhetoric Keeps Oil Bulls in Control

Market Intelligence Analysis

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Why This Matters

Trump's unpredictable Iran rhetoric has maintained oil price optimism, despite rising supply and Kazakhstan's production return, with Brent crude ending the week above $70 per barrel.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Markets looked past rising supply as shifting U.S. rhetoric on Iran and ongoing weather-related disruptions kept risk premiums elevated. Friday, January 30, 2026 Trump’s erratic rhetoric has been greatly supportive of oil prices this week, first promising ‘speed and violence’ to Iran, only to talk about dialogue the next day. The gradual return of Kazakhstan’s shut-in production was not an impediment to see ICE Brent end the week above $70 per barrel, with the bullish sentiment also bolstered by US supply still bearing the…

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Original article published by OilPrice.com on January 30, 2026.
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