US EditionMarkets React to Trump Remarks as Middle East Tensions Continue
Netanyahu said Iran is 'decimated' and the war will end sooner, easing fears of prolonged supply disruption and causing oil prices to drop over 3%, analysts said.
- 1- Traders responded positively to US President Donald Trump’s statement that Israeli forces would avoid further strikes on Tehran’s energy sites following Wednesday’s attack on a major gas field. 2- Despite the reassurances, stock markets mostly declined as investors remained worried about ongoing tensions in the Gulf and potential disruptions to energy supplies. 3- Crude oil hovered around $100 per barrel, while natural gas prices surged, reflecting the effective closure of the strategic Strait of Hormuz and ongoing supply risks.
37 Articles
37 Articles
The price of oil falls sharply after statements by the Israeli Prime Minister suggesting a faster-than-expected end to the conflict with Iran. ...
Israeli Prime Minister Benjamin Netanyahu said on Thursday that Iran was being "destroyed" and it was unclear who was leading it, suggesting that this war could end much sooner than expected.
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Crude sinks after Netanyahu tries to reassure on Iran war
Crude prices fell more than two percent Friday after Israeli Prime Minister Benjamin Netanyahu said Iran was being "decimated" and that the war would end earlier than many feared.
Oil Prices Slide as Netanyahu Signals Iran War Could End Soon
Oil prices pulled back sharply on Friday, reversing part of the previous session’s surge, after Israeli Prime Minister Benjamin Netanyahu suggested the Iran war could end sooner than expected. At the time of writing, West Texas Intermediate crude was trading at $92.57, down 3.12%, while Brent crude stood at $105.18, down 3.19%. The latest decline follows a volatile 24-hour period in which oil prices surged dramatically on the back of an Israeli …
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