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Event Brief

Oil jumps above $91 after Trump doubts Iran deal

Filed: Aug 17, 2026 at 4:04 PM ET
Summary: Oil prices rose sharply after Trump cast doubt on extending an Iran ceasefire deal.
WHO: Donald Trump
WHAT: Trump cast doubt on a deal to extend the expiring Iran ceasefire, prompting oil prices to jump.
WHEN: Aug 16, 2026 at 8:00 PM ET
WHERE: USA
WHY: Cause not yet established.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
🔍 Sources (21) 🔒

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