{"id":426060,"date":"2026-01-31T00:25:10","date_gmt":"2026-01-30T17:25:10","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/01\/eyes-on-iran-this-weekend-as-trump-talks-about-ships-heading-there-once-again\/"},"modified":"2026-01-31T00:25:10","modified_gmt":"2026-01-30T17:25:10","slug":"eyes-on-iran-this-weekend-as-trump-talks-about-ships-heading-there-once-again","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/01\/eyes-on-iran-this-weekend-as-trump-talks-about-ships-heading-there-once-again\/","title":{"rendered":"Eyes on Iran this weekend as Trump talks about ships heading there once again"},"content":{"rendered":"<div>\n<p>Oil prices are marginally higher today as we watch and wait on Iran.<\/p>\n<p>Trump is out once again reminding everyone that an &#8216;armada&#8217; is heading towards Iran and it&#8217;s even bigger than the one that went to Venezuela. That&#8217;s obviously a threat and will hang over any negotiation.<\/p>\n<p>This is the kind of thing that can get ugly fast and that&#8217;s why oil has rallied steadily from $59 on Jan 22 to $65.73 last. We&#8217;re at the point where there are two-way risks because this could also de-escalate or US attacks could avoid hitting oil infrastructure. Iran could also refrain from closing the Strait of Hormuz.<\/p>\n<p>It&#8217;s all a bit of a mess but I get the sense that it&#8217;s too early to be betting on conflict. Negotiations tend to drag for a little while and a US attack on the weekend would be seen negatively internationally without at least a token effort at negotiations. There&#8217;s room to disagree on that because the US looked like it might launch strikes two weeks ago.<\/p>\n<p>Again though, it&#8217;s going to matter what the US hits and how hard. Trump hates higher oil prices and for that reason, I just don&#8217;t think that oil is that big of a card to be played in this conflict. <\/p>\n<p>The old adage is to never chase a geopolitical move in oil and I think that&#8217;s where we are. Earlier in the week, I wrote that risks were underpriced but after a $3 move higher, I don&#8217;t think that&#8217;s the case anymore. The precious metals market is also a reminder that corrections can happen in a hurry (as if energy traders needed that reminder). <\/p>\n<p>Another spot to watch on the weekend is OPEC, which has a meeting scheduled on Feb 1. No big moves are expected but keep an eye on signaling around supplies and pricing. They&#8217;ve been a tough group to predict.<\/p>\n<p>Update:<\/p>\n<ul>\n<li>Trump says Iran does want to make a deal<\/li>\n<\/ul>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices are marginally higher today as we watch and wait on Iran. Trump is out once again reminding everyone that an &#8216;armada&#8217; is heading towards Iran and it&#8217;s even bigger than the one that went to Venezuela. That&#8217;s obviously a threat and will hang over any negotiation. This is the kind of thing that [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-426060","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/426060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=426060"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/426060\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=426060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=426060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=426060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}