According to Guru Club, President Trump stated on November 12 that the U.S. does not need to reach an agreement with Iran and directed Vice President Vance to focus entirely on domestic affairs. Following the statement and reports of potential Iranian military escalation, oil prices surged overnight. WTI crude December contracts settled at $88.74 per barrel, up 2.55%; Brent crude January contracts closed at $95.82 per barrel, up 3.3%.
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