Commodities
Trump Signals Possible End to US-Iran War
US President Donald Trump has signaled that the conflict between the United States and Iran may be nearing an end, sparking expectations of eased geopolitical tensions and a potential decline in global oil prices.
Trump made this announcement while speaking in Ireland, where he predicted that crude prices would fall once the conflict is brought to a close.
The prospect of a de-escalation between Washington and Tehran has significant implications for global energy markets. Oil prices have been sensitive to fears that a prolonged conflict could disrupt supplies and threaten key shipping routes and production infrastructure across the Middle East.