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Analyst: Trump Press Conference Timing Uncertain, But Oil Price Movement Already Reflects Some Information
Deep Tide TechFlow News, March 16 — According to Jin10 Data, Investing.com analyst Adam Button reports that Trump said he will hold a press conference on Monday, but the exact time has not yet been announced. This aligns with the fact that the meeting is a closed-door session rather than a public event. If I had to guess, these White House meetings usually take place during normal working hours — probably late morning or early afternoon, roughly between 10 a.m. and 2 p.m. Eastern Time. Clearly, any comments regarding the Iran war will carry criticism. Perhaps he is hinting at a withdrawal (or declaring victory), which is why the oil market is so heavy today. The situation has become chaotic, and it seems that the “allies” have not sent naval forces to the Strait of Hormuz to clear up the mess. It’s also possible that Iran has already started 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 trend is the main focus today.