Trump's Presidency: A Complex Impact on the Energy Sector

A Trump presidency could significantly impact oil and gas markets, with potential increases in US production due to favorable policies and a reversal of Biden's restrictions on federal land drilling. However, trade tensions and Trump's stance on Iran could introduce volatility. Strict enforcement of sanctions against Iran might reduce oil supply, potentially raising prices, while trade disputes could affect US energy exports. Trump's foreign policy, particularly regarding Russia and the Middle East, could also influence market dynamics.