We have already entered the third week of the Iran war and there is no sign yet that it is coming to an end. The continuing contradictory statements by President Trump keep confusing the markets, as ween by the extreme volatility of the Brent oil price. The benchmark crude has steadily increased from $72 a barrel at the start of the war, rising to $85/b by March 6, then surging to $120/b on the 9th, before dropping back to $85/b a day later. And by March 13, it had settled at just over $100/b, all in reaction to Trump’s statements. The post ‘Higher for longer’ oil price if Iran war doesn’t end soon appeared first on Financial Mirror .