Brent Heads for 6% Weekly Gain as Trump Loses Patience With Iran

Brent crude was set for a 6% weekly gain as President Donald Trump said his patience with Iran was running out, despite Iran saying 30 vessels had recently cleared the Strait of Hormuz. “I am not going to be much more patient,” the U. S.

president said in an interview with Fox News on Thursday, as cited by Reuters. “They should make a deal. ” There were hopes the Trump-Xi meeting in Beijing could produce some good news regarding the outlook on the Hormuz situation but so far, no such news has come out of the Chinese capital.