Oil prices rose while stock markets fell after...WTI CRUDE OILTVC:USOILKlejdiCuniOil prices rose while stock markets fell after President Trump announced plans for further military action against Iran. In a speech at the White House, Trump declared that the conflict with Iran was “coming to an end,” although he did not give a specific timeline. He also confirmed that more strikes were expected. According to the president, US forces are ready to intensify operations, with Iran facing “extraordinarily strong” attacks over the next two to three weeks. It seems that the US does not want to reach a deal, but only to make a bigger mess. Also, Trump’s intentions regarding a cheaper oil price are no longer clear. The price of oil reached $106 at the time of our article and the chances are higher with the conflict escalating further in the Middle East. We could see oil reaching $111 and $118 soon. You may find more details in the chart. Thank you and good luck! 🍀 ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️