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8:00 PM Flash: Oil Tumbles as Trump-Iran Deal Hopes Surge

8:00 PM Flash: Good evening everyone. Markets are moving sharply on breaking developments in the Middle East. Oil is down significantly after reports suggest a potential deal to ease tensions between the United States and Iran and possibly reopen the Strait of Hormuz. West Texas Intermediate crude is currently sitting at ninety eight dollars per barrel. Gold is holding firm at four thousand five hundred forty seven dollars an ounce. And Bitcoin continues to trade just below the psychological barrier at seventy four thousand six hundred eighty three dollars. Republican Senators Ted Cruz and Lindsey Graham are leading a fierce backlash against President Trump, calling his emerging Iran deal a disastrous mistake. This political drama is adding to the volatility as traders weigh the odds of a breakthrough that could flood the market with more supply. In other news, Indian billionaires are snapping up foreign companies as domestic growth continues to slow. On a lighter note, the upcoming Michael Jackson film is inching closer to becoming the highest grossing musical biopic of all time following impressive box office numbers this weekend. This is Miss Vicky from the Options Desk at VixShield, where it's not news till we talk about it. Stay with us as Russell Clark joins with more analysis.

⚠️ Risk Disclosure: This analysis is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Options trading involves substantial risk of loss and is not appropriate for all investors. Past performance is not indicative of future results. VixShield signals are educational content only.
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