Crude oil prices remain in focus as uncertainty over the US-Iran conflict keeps global markets on edge. Ajay Bagga, Senior Market Veteran, analyses Donald Trump's latest comments on Iran, including the possibility of relying on economic sanctions and a blockade instead of further military action. However, he cautions that the situation remains unpredictable, with the risk of escalation before greater congressional oversight begins in January. He also discusses diplomatic efforts involving China and the challenges of finding a solution to the conflict. The direction of crude oil prices will remain closely linked to developments in the Middle East.
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