Brent reference crude chained strong gains until placing itself above 96 dollars per barrel, which represents an intraday advance of more than 3.6% after US President Donald Trump defended that the North American country "doesn't need" a peace agreement with Iran.
At the same time, West Texas Intermediate (WTI) oil, the benchmark in the US market, was trading at around 89 dollars after recording a daily increase close to 3%.
This Thursday, Trump reiterated from Washington that the United States "doesn't need" to close a peace agreement with Iran and tasked his vice president, JD Vance, to focus his efforts on "widespread corruption and crime" present in cities and states governed by the Democratic Party.
"We don't need any agreement with Iran; those times are already far behind," the US president stressed. "We have their money, hundreds of billions of dollars, and we have their Strait," he added, referring to the blockade imposed by Washington in Ormuz.
These statements are made just a few days after Trump himself highlighted that "there is progress toward the end of this conflict." "I think it will end quite soon," he said then, while also noting that "military action doesn't seem like something very necessary," in a context marked by mediation efforts by Pakistan and Qatar.
The parties involved have maintained indirect contacts for months in order to try to seal an understanding that will put an end to the open conflict in the Middle East after the surprise offensive launched on February 28 by the United States and Israel against the Asian country, in parallel with talks between Washington and Tehran to attempt to close a new agreement on the Iranian nuclear program.