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David Sheppard

David Sheppard

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FT energy markets editor; oil markets, OPEC, pricing and macro

Oil Plunges $30 on Trump’s Iran War Comment
Social•Mar 9, 2026

Oil Plunges $30 on Trump’s Iran War Comment

The oil market thinks Trump just TACO’d (I’m less convinced, but let’s see) A $30 price swing in a day, helped by expectations of a big strategic oil stock release. Such larks. Oil tumbles to $90 as Trump says Iran war is ‘very complete’ https://t.co/WSEgA9xBfz via @ft

By David Sheppard