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Politics, Not Barrels, Are Driving Oil Again
Market Intelligence Analysis
AI-Powered
Why This Matters
Oil prices are being driven by politics rather than supply and demand, with uncertainty surrounding Trump's comments on Iran and India's stance on Russian crude.
Market Impact
Market impact analysis based on bearish sentiment with 65% confidence.
Sentiment
Bearish
AI Confidence
65%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Oil markets remain hostage to Trump-driven uncertainty, as mixed signals on India’s stance toward Russian crude collide with renewed speculation around U.S.–Iran nuclear talks. Could Oil Be Back in Vogue? - 2026 was dubbed the year of oversupply, however January prices were in line with last year’s levels (ICE Brent averaged $64.7 per barrel and closed the month at $70.7 per barrel), defying gloomy demand predictions. - Trump’s erratic comments on Iran, first promising to act ‘with speed and violence’ against…
Original article published by
OilPrice.com
on February 3, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.