Trump said the operation that began Feb. 28 is ahead of schedule, while cautioning that fighting would still not be over this week. The two allies continued to bomb Iran overnight and into Tuesday morning, with the Islamic Republic firing drones and missiles at targets across the Middle East in return.
Asked whether he would be willing to talk to the Iranians, Trump said it would be possible, Fox News reported on Tuesday. Iranian officials have pushed back against that idea, with Parliament Speaker Mohammad Bagher Qalibaf saying on X that the country is “absolutely” not seeking a ceasefire.
Brent crude, having climbed to almost $120 a barrel early Monday, eased to about $91 in Tuesday trade. That’s still more than 50% higher than at the start of the year.
Saudi Arabia, Iraq, the United Arab Emirates and Kuwait have lowered their collective output by as much as 6.7 million barrels a day, people with knowledge of the matter said. That amounts to about 6% of global supply. There’s little sign Hormuz can be opened quickly without at least a pause in hostilities.
#OilPricesSlide
#TrumpSaysIranWarWillEndVerySoon
Asked whether he would be willing to talk to the Iranians, Trump said it would be possible, Fox News reported on Tuesday. Iranian officials have pushed back against that idea, with Parliament Speaker Mohammad Bagher Qalibaf saying on X that the country is “absolutely” not seeking a ceasefire.
Brent crude, having climbed to almost $120 a barrel early Monday, eased to about $91 in Tuesday trade. That’s still more than 50% higher than at the start of the year.
Saudi Arabia, Iraq, the United Arab Emirates and Kuwait have lowered their collective output by as much as 6.7 million barrels a day, people with knowledge of the matter said. That amounts to about 6% of global supply. There’s little sign Hormuz can be opened quickly without at least a pause in hostilities.
#OilPricesSlide
#TrumpSaysIranWarWillEndVerySoon