Analyst: Trump's speech drives oil prices soaring, risk premium surges

MarsBitNews · 2026-04-02T15:02:46+00:00

Mars Finance News, on April 2nd, crude oil futures prices surged after former President Trump made remarks on the Iran war, which dampened traders' expectations of a quick resolution to the Middle East conflict. TP ICAP analyst Scott Shelton stated in a report: "Most of this week, oil prices were under pressure, but Trump's speech caused oil prices to skyrocket overnight. The speech leaned more towards escalation and completing the mission, with little mention of peace negotiations." He pointed out that although this move may be aimed at forcing Iran back to the negotiating table, the risk premium has risen sharply. (Jin10)

MarsBitNews

2026-04-02 15:02:46

Mars Finance news. On April 2, crude oil futures prices surged. Earlier, Trump spoke about the Iran war, hurting traders’ expectations that the conflict in the Middle East would end quickly. In a report, TP ICAP analyst Scott Shelton said: “For most of this week, oil prices were under pressure, and Trump’s remarks caused oil prices to jump overnight. The content of the remarks was more geared toward escalation and getting the job done, with almost no mention of peace talks.” He noted that although this may have been intended to push Iran back to the negotiating table, the risk premium has risen sharply. (Gold Ten)

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