What impact does the impeachment of the U.S. Secretary of Defense have on oil prices?

The Republican leadership in the House of Representatives is expected to impeach Secretary of Defense Hegseth, with a vote potentially happening this week. Republican Congressman Massey, who proposed the impeachment, accuses him of defying Congress and illegally continuing the war against Iran.

From this information, I personally feel it is a support for cooling oil prices. By impeaching the Secretary of Defense, it sends a signal to the outside, especially to Iran, that the new U.S. Congress does not have the attitude of continuing to wage war.

This attitude is likely to let the market trade on expectations of a de-escalation of war, and a de-escalation of war means that there may be a possibility of a decrease in oil prices, even though the U.S. and Iran are still engaged in warfare in the Strait of Hormuz, and the U.S.'s new "Iron Gate" policy has already begun to be implemented.

The target of this impeachment, Hegseth, as well as Cooper (Commander of the Central Command), both supported the restoration of large-scale military operations against Iran. Regardless of whether the impeachment is successful, it will demonstrate to the outside that the Democrats want to end the war.

This attitude helps the U.S. and Iran settle conflicts through diplomatic means. Of course, even if Hegseth is impeached, the Iron Gate policy may not end. The future trend of oil prices will depend more on how Iran interprets this situation.

PS: Vance and envoy Witkoff tend to end the conflict through diplomacy.

A @Gate, trading more markets

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