04-April-2026
Economy News
 
Oil could hit $140 if Iran tensions escalate, warns Peter McGuire; here's what happens to gold next
03-Apr-2026

Peter McGuire, CEO of Australia-Trading.com, says Trump's Iran ultimatum has rattled energy markets and pushed Asian equities into a sea of red — but the real story is what happens to oil, gold, and silver over the next four to six weeks. President Trump's address to Middle Eastern leaders was, in McGuire's words, "absolutely a sales pitch" — a laser-focused pitch for US crude and energy exports, delivered with a tight deadline. Talking to ET Now, McGuire said the message came with a roughly three-week window before the administration signals it will act against Iran, and McGuire says markets have absorbed that timeline with predictable anxiety.

News Source:- https://economictimes.indiatimes.com/markets/expert-view/oil-could-hit-140-if-iran-tensions-escalate-warns-peter-mcguire-heres-what-happens-to-gold-next/articleshow/129972015.cms