US President Trump says oil appears to have pretty much stabilised, and further action to reduce pressure on oil is coming, also says Iran wants to ‘make a deal’ to end the conflict

US President Trump says oil appears to have pretty much stabilised, and further action to reduce pressure on oil is coming, also says Iran wants to ‘make a deal’ to end the conflict.

President Trump's comments suggest a potential easing of tensions in the Middle East, particularly with Iran, which could support oil price stability and influence broader commodity markets. If concrete actions are announced to stabilize oil prices, we might see a significant impact on market sentiment, especially across energy assets and currencies linked to oil exportation.