Business Rundown: President Trump’s Move to Cushion Crude Prices
President Trump is making another effort to combat surging oil prices by extending the Jones Act for 90 days. This move comes as the United States and Iran have yet to reach a peace deal to end the ongoing conflict. Phil Flynn, a senior market analyst at The Price Futures Group and FOX Business Network contributor, joins the network’s Jackie DeAngelis to discuss how the administration has managed oil prices during the conflict and what drivers could affect prices at the pump next.
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