US President Trump made evaluations about the ongoing tension with Iran; oil prices started to rise.
AI-generated summary
Tension between the USA and Iran caused oil prices to rise to the highest level since June 2022.
In his statement regarding the ongoing war with Iran, US President Donald Trump said that the US has the power to end the conflict in a short time, but it should be evaluated whether this would be preferred.
Trump's statements came at a time when concerns that conflicts between the United States and Iran might intensify again increased oil prices.
Answering journalists' questions as he left the White House to go to Florida, Trump said about the war with Iran, "We can end it very quickly. Do we want to end it completely, or do we want to let it fade on its own?" he said.
Trump stated that oil shipments continue through the Strait of Hormuz, which is critical for global oil trade, and said, "We are getting everything we want."
The US President did not share a concrete timetable for ending the war or details about the next steps of the Washington administration.
SHARP INCREASE IN OIL PRICES
Concerns that the USA may attack Iran again pushed oil prices up.
The barrel price of international benchmark Brent oil rose by 2.7 percent on Friday, reaching $116.20, reaching its highest level since June 2022.
US crude oil (WTI) rose by 3.04 percent to $102.50, reaching the highest level in the last five weeks.
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