Trump Cancels U.S. Representatives' Pakistan Trip on April 25; Crude Oil Surges Nearly 3%

According to Trump's social media statement on April 25, the U.S. president cancelled a planned trip by American representatives to Islamabad to meet with Iranian officials. Trump said the visit would waste too much time on travel and claimed Iranian leadership faces internal discord. He stated the U.S. holds all negotiating leverage and that Iran can call directly if interested in talks. Overnight into April 26, Brent crude and WTI crude oil futures both surged nearly 3% in after-hours trading.
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