00:00As you mentioned, Mitchell, one of the reactions that Trump has had is he's ordered this Department of Justice investigation
00:06into these oil companies.
00:08What exactly has he called for and what could the outcome of an investigation like this be?
00:15Yeah, he's looking into he wants the Justice Department to look into market manipulation and whether there's you know, whether
00:23these companies are artificially impacting prices.
00:27What the Justice Department finds remains to be seen.
00:31But we've seen these sorts of investigations in the past.
00:35And ultimately, they don't result in major penalties or major findings that lead to any any any fault in a
00:47major way.
00:47We've been hearing oil companies talk for months about how their traders have have been capitalizing on this market volatility.
01:00But oil traders typically think in fundamentals, supply and demand dynamics, and they're analyzing every piece of the supply and
01:11demand picture.
01:11What they can't model is posts from Trump on social media that indicate peace is near or not, or a
01:24bombing campaign in Iran is starting or being called off.
01:29And all of those things impact the price of oil.
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