Trump is doing a real media tour today. Just in the past three hours, he's spoken to Fox News, Axios and now the FT where he says:
- Netanyahu will have 'no choice' but to accept a deal with Iran
- "I call the shots, I call all the shots. He [Netanyahu] doesn't call the shots"
- Iran's strikes have not changed his desire to conclude US-Iran negotiations
- “I decide. I decide everything. He doesn’t decide.”
- Asked what would happen if any such deal failed on its merits, he said he would consider a commando raid on Iran
The latest comments come just after Trump spoke on the phone with Netanyahu.
In any case, these comments sound like Trump is absolutely done with the war in Iran. Now that could be an attempt to help markets but it could also be a diversion to get Iran to take its guard down.
The real question here is what will Bibi do next. So far, he's shown no willingness to de-escalate or abide by a ceasefire.
WTI opened $2.57 higher to $93.11.