Trump under pressure to end Iran War as oil supply depletes | The Business

Global inventories of oil and refined fuel could only be 4 to 9 weeks away from being fully depleted, according to Commonwealth Bank geo-analyst Madison Cartwright. He says if that were to happen, Brent crude futures could surge towards $US150 per barrel. That is why CBA analysts say US President Donald Trump is under immense pressure to strike a deal with Iran, though the Republicans are still likely to lose control of the Senate and House of Representatives at the November midterm elections.

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