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- US oil prices have recovered with West Texas Intermediate trading just above $17 barrel as of 09:15 EST on Friday.
- International prices recovered, however, following President Trump's comments that he ordered the US Navy to "shoot down" Iranian gunboats if they harassed American ships at sea.
- WTI prices have been highly volatile over the past week due to a lack of demand and storage space, particularly in Cushing, Oklahoma.
- Markets Insider spoke with analysts to ask how the US oil market can prevent further volatility.
- Track the price of oil live with Markets Insider.
- Visit Business Insider's homepage for more stories.
When oil markets suffer, a tweet by US President Donald Trump can make all the difference.
Oil prices recovered this week from historical lows following a tweet by Trump on Wednesday instructing the US Navy to "shoot down any and all Iranian gunboats" if they harass US ships at sea.
See the rest of the story at Business Insider
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