MarketWatch
Oil prices jump by the most in two months after Trump suggests U.S.-Iran cease-fire is over
Wednesday, July 8, 2026
President Donald Trump stated on February 19, 2026, that dealing with Tehran is "a waste of time," following which Brent crude and West Texas Intermediate oil contracts rose. The increase marked the largest two-month gain in oil prices. Trump's comments followed reports that negotiations between the United States and Iran had stalled.
