According to Golden Eagle News, on April 9, U.S. President Trump's Iran peace plan is facing resistance from a key group: the oil industry. An industry consultant stated that oil company executives are reaching out to the White House, Secretary of State Rubio, and Vice President Vance to protest allowing Iran to collect tolls through the Strait of Hormuz as a condition for peace negotiations. When asked if the executives had contacted the White House to protest the toll measures in the Strait of Hormuz, the individual replied, 'Of course! We never had to do this before — and I believe we have already won the war. Whenever there is an opportunity to engage with government departments, you ask, ‘What are you thinking?’' (Politico)
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Market News: Oil Industry Resists Trump's Iran Peace Plan
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