Oil prices rise as Trump puts time limit on Iran stand-off

Oil prices climbed on Friday amid rising tensions between the United States and Iran. Washington warned Tehran it must reach a nuclear deal within days. The U.S. indicated consequences if Iran fails to comply. This increased concerns over supply disruptions in the oil market. Moreover, the standoff highlighted risks affecting global energy stability. Despite this, no immediate conflict was reported. Traders reacted to statements from U.S. officials emphasizing a firm deadline. Meanwhile, the market remained watchful for any further developments from either side. Overall, the rise in prices reflects geopolitical fears impacting oil trade.