Trump and Gaza weighing on Oil prices this morning- check out Brent crude right now

The President elect, Donald Trump will soon be back in office this week. Trump has already stated he has hundreds of executive orders ready to be executed and those could cover all sorts of things, from crude to Crypto. We have already seen how BTC has set a new record above 109k earlier and this update looks at what impact Trump might have on oil prices. We know two things. First Trump is going to Drill baby Drill and provide further support the fracking industry. We also know he is likely to push back further on oil imports. Both those things are a downer for Oil prices and on top of that we have the news from the Middle East helping to act as a further drag on supply concerns; that have supported the oil markets for more than a year now. So, Brent for March delivery struggled for traction on Friday and later settled $0.50 lower on the NYMEX exchange, at $80.79. The price action so far today has seen it edge a little lower. Earlier Brent fell to around $80.35. The question here this morning- will it hold onto $80 as the day unfolds? Brent for March delivery is right now at $80.51