Trump said ‘sometimes you have to' use force on Friday. Oil markets now see high odds of the U.S. striking Iran.
MarketWatch·2026-02-27 22:38
Core Viewpoint - Oil prices experienced significant increases on Friday, marking their largest daily gains in over a week, driven by President Trump's indication that the opportunity for diplomatic resolution regarding Tehran's nuclear program may be diminishing [1] Group 1 - Oil prices surged following geopolitical tensions, highlighting the sensitivity of the oil market to political developments [1] - The increase in oil prices reflects market reactions to potential changes in diplomatic relations and their implications for oil supply [1]