A strong response to the 'Trump tariff threat'! Canada’s Energy Minister: The USA cannot find alternatives at all.
① The Canadian Minister of Energy, Jonathan Wilkinson, stated that Trump's claim that the USA does not need anything from Canada is "completely wrong." ② Wilkinson mentioned that the USA finds it difficult to find alternatives to Canadian Crude Oil Product, Uranium, and potash, and warned that trade retaliation measures, including export taxes, may be taken.
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Preparing for "Trump 2.0"? Hedge funds are increasing their Call on oil prices.
Bull positions in Crude Oil have increased by 41% over the past three weeks, with net long positions reaching the highest level since August of last year. For traders more focused on fundamentals, Trump's tough stance on Iran has made them reluctant to short; Trump's potential tariff policies raise inflation concerns, which has also prompted traders to hedge risks by going long on oil.
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The most bullish oil prices in four months! Traders focus on "Trump VS Iran".
Although oversupply puts pressure on the oil market in 2025, investors are still preparing for upside risks, primarily influenced by Trump's stance on Iran after returning to the White House, as well as the ongoing geopolitical risks.
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