Trump Touts Oil Supply Moves, Vows to Finish the Job in Iran (3)

President Donald Trump said the massive release of emergency oil reserves approved by the International Energy Agency would ease energy price pressures while the US seeks to “finish the job” in its campaign against Iran.

Speaking in Kentucky on Wednesday evening, Trump said the move would “substantially reduce oil prices as we end this threat to America and this threat to the world.”

The confirmation did little to calm volatile markets. Brent crude jumped above $100 a barrel after Oman cleared all vessels from its key export oil terminal as a precautionary measure and two tankers were attacked in Iraqi ...