Why oil markets are ignoring Trump's "truths"

As President Trump's tweets about potential conflict with Iran continue, oil market reactions are increasingly muted, indicating a shift in traders' perceptions. Historically, such rhetoric would cause significant price volatility, but now, the market shows less sensitivity. This shift underscores the growing skepticism towards Trump's statements and highlights the complex interplay between geopolitical tensions and global oil supply. As the conflict's potential disruption to oil transit looms large, the muted market response could imply a more nuanced view of the risks involved.