Trump's pledge to keep oil flowing has calmed markets, but Wall Street experts say disruption risks aren't over [Yahoo! Finance]
Siebert Financial Corp. (SIEB)
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Source: Yahoo! Finance
Oil prices steadied after spiking earlier in the week on supply risks sparked by the Iran war. Trump offered assurances that the US will keep oil flowing through the Strait of Hormuz. His comments calmed jittery markets, but experts warn that disruption risks linger. Oil prices steadied and US stocks edged up on Wednesday after Donald Trump pledged to keep oil flowing through the Strait of Hormuz. Still, it might not be enough to avoid major disruptions to energy markets, market experts say. The war in Iran sent oil prices to their highest level in over a year this week, with investors weighing the risk of major energy supply disruptions. Trump said the US is committed to ensuring the free flow of oil in the region during the war. While his pledge seemed to ease some of the market's fears, Wall Street analysts say they're concerned that the situation demands more concrete assurances from the president. Trump ordered the United States Development Finance Corporation to offer
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News
- Trump's pledge to keep oil flowing has calmed markets, but Wall Street experts say disruption risks aren't over [Business Insider]Business Insider
- US gasoline crosses $3 per gallon mark in test of Trump's Iran war [Yahoo! Finance Canada]Yahoo! Finance Canada
- US gasoline crosses $3 per gallon mark in test of Trump's Iran war [Yahoo! Finance]Yahoo! Finance
- Employers added 130,000 jobs in January, blowing past expectations [CBS News]CBS News
- Employers added 130,000 jobs in January, blowing past expectations [CBS News]CBS News
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Sec Filings
- 1/22/26 - Form SCHEDULE
- 1/22/26 - Form 4
- 1/22/26 - Form 4
- SIEB's page on the SEC website