Trump Makes U-Turn on Iran Attack, Administration Official Says

The transcript discusses the US President's initial approval of military strikes against Iran following the downing of an American drone. The President later downplayed the incident, suggesting it might have been a mistake by someone 'loose and stupid.' Media and experts provide insights into the situation, highlighting rising tensions and potential geopolitical risks. The transcript also covers the oil market's reaction, noting significant price increases due to supply concerns.

What was the initial response of the US President to the drone incident?

• He approved military strikes against Iran.

• He imposed economic sanctions on Iran.

• He ignored the incident completely.

• He called for immediate peace talks.

How did the US President describe the drone incident after initially calling it a big mistake?

• As a major international crisis.

• As a potential unintentional mistake by someone.

• As an act of war.

• As a diplomatic opportunity.

What was the US President's stance on the tanker attacks blamed on Iran?

• He denied any involvement of Iran.

• He downplayed them as minor incidents.

• He considered them a major threat.

• He called for immediate military action.

What was the impact of the geopolitical tensions on the oil market?

• Oil prices were unaffected by the tensions.

• Oil prices remained stable.

• Oil prices increased due to supply concerns.

• Oil prices decreased significantly.

What was the highest price Brent reached due to the supply concerns?

• $65 a barrel

• $60 a barrel

• $50 a barrel

• $55 a barrel