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Energy and Gas Markets

Trump: Ending the confrontation with Iran will lower oil prices globally

Trump: Ending the confrontation with Iran will lower oil prices globally
Energy and Gas Markets · 18:25:07 - Wednesday, 21 October 2026

Written by: Ahmed Abdel Salam

US President Donald Trump confirmed that the current confrontation with Iran will reach its end quickly and decisively, noting that this development will directly and positively impact global markets, particularly through a tangible decline in oil prices. These statements come at a time when international markets are awaiting any indications regarding the stability of energy supplies, as crude price fluctuations are closely linked to geopolitical tensions in the Middle East, which is considered a vital artery for oil production and export.

Dimensions of the confrontation and its economic impacts

Speaking about the justifications for this confrontation, Trump emphasized that the costs associated with the current situation are a small price to pay to prevent Iran from possessing a nuclear weapon, describing it as the world's leading state sponsor of terrorism. The US President explained that there are Iranian bets on the conflict continuing for a long period that exceeds local political milestones, confirming his confidence that matters are heading toward a quick resolution.

Statements by US officials regarding the conflict

For his part, US Secretary of Defense Pete Hegseth noted that the current war with Iran is fundamentally different from previous conflicts Washington has engaged in, emphasizing that it will not follow traditional paths. Hegseth stressed that the US administration possesses all the cards of power to deal with this challenge, confirming that President Trump has the resolve to end the confrontation in a decisive manner that achieves the strategic goals of the United States. The Secretary also noted his field visits to US troops stationed in Israel, where he held high-level discussions with Israeli Prime Minister Benjamin Netanyahu, without disclosing the details of those talks, merely confirming that the ball is now in the Iranian side's court to make the appropriate decision.

Markets remain in a state of high anticipation regarding field developments, as any additional escalation in the region could lead to disruptions in energy supply chains, which explains the significant interest from investors in the US administration's statements about the near end of operations, given what this represents in calming market fears regarding global energy security.

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