Oil climbs as Iran ceasefire pauses 60-day U.S. war clock
TL;DR Summary
Oil rose after a volatile session as the White House argued Iran’s ceasefire terminated the 60-day War Powers clock, potentially sparing the administration from a congressional vote, with Brent around $114 and WTI near $105 as tensions and threats persist.
- Oil rises as White House says Iran ceasefire halts 60-day war deadline CNBC
- Trump is supposed to get Congress’ approval when the Iran war hits 60 days. Lawmakers can’t agree when that is CNN
- Hegseth Says Iran Cease-Fire Stops Clock for Congressional Approval The New York Times
- Pentagon calls timeout on War Powers Axios
- Trump administration says its war in Iran has been ‘terminated’ before 60-day deadline AP News
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