Crude prices have hit their highest levels since 2022 following reports that the US president would be briefed on new Iran options
Global crude oil prices rise and fall depending on whether US President Donald Trump got enough sleep, Slovak Prime Minister Robert Fico has said in a sarcastic remark. His comment came after oil rose to a four-year high amid reports that the US military would brief Trump on options related to the Iran conflict.
On Friday, Brent jumped nearly 7% to over $126 per barrel before easing to $108 later in the session. The rally followed an Axios report that US Central Command had prepared options for “short and powerful” strikes on Iran aimed at breaking stalled negotiations.
“Everything is under pressure, including oil prices, depending on how President Trump wakes up,” Fico said on Friday speaking with journalists in Bratislava.…