Oil prices edged lower for a second session in a row on Wednesday after U.S. President Donald Trump reiterated that the conflict with Iran would end “very quickly”. However, markets remained cautious as uncertainty persisted over peace negotiations and ongoing disruptions to Middle East oil supplies.
Investors are closely watching whether the U.S. and Iran can genuinely reach common ground and secure a peace deal, especially as Washington’s position appears to change from day to day. Just days earlier, Trump said he’s losing patience with Iran.
