Oil Energy Watch (@oil_energy_watch)
Trump notifies Congress of new Iran war status
JUST IN: President Trump has reportedly told Congress that the U.S. is in a “new war” with Iran.
That starts a new 60-day war powers clock, according to Politico.
Markets will treat this as another escalation signal in the Iran conflict.
For energy, the key risk remains the same: any broader military action can quickly feed into oil prices, shipping routes, and Strait of Hormuz risk.
For $WTI and $BRENT, geopolitical risk premium is back on the table.