Watching the shared press conference with Trump and Netanyahu earlier this month, it was easy to believe reports there was a rift between the sides, particularly on Iran policy.

Today though, Trump wrote:

I’ve just spoken to Prime Minister of Israel, Bibi Netanyahu, relative
to numerous subjects including Trade, Iran, etc. The call went very
well—We are on the same side of every issue.

That came after some fresh Iran sanctions today. The market is contemplating the US stepping up enforcement of Iran sanctions or an attack on the country’s nuclear facilities. WTI crude oil is at the highs of day in the aftermath, though it still has some work to do to recover from yesterday’s selloff.

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