You could almost feel the collective sigh of relief wafting around the world on Tuesday when Donald Trump pronounced that his war on Iran would be over “very soon.” Financial and energy markets calmed down after their spectacular fit of the vapours on Monday, with oil prices easing back to $90 a barrel from a spike of close to $120, and shares on the rise again.
Once again it seemed the markets had bullied the TACO Commander in Chief into a swift climbdown. Nothing to see here.
