Trump Gives Timeline for Oil Prices to Fall, Brent Pushes to May Highs

Trump said oil prices would decline within a relatively short timeframe, but Brent crude has instead risen to its highest level since May, underscoring persistent supply and geopolitical pressures. The divergence between political expectations and market pricing suggests continued uncertainty around energy costs and inflation. For Bitcoin, sustained higher oil prices could reinforce inflation concerns and delay monetary easing, creating near-term headwinds for risk assets, though renewed macro uncertainty may also support demand for alternative stores of value.