US stocks open flat after Trump's comments calm nerves

Group 1 - US stocks opened mostly flat as investors monitored volatile oil prices amid escalating conflict in Iran, with the Dow Jones Industrial Average down 62 points or 0.1% and the S&P 500 near the flatline [1][1] - Oil prices saw a significant decline, with West Texas Intermediate futures down about 6% to roughly $89 per barrel and Brent crude down 7% to around $92 per barrel, reflecting ongoing uncertainty in global energy supply [1][1] - Analysts warned that if the conflict continues, oil prices could surge above $120 per barrel due to potential supply disruptions, indicating a risk of "demand destruction" as consumers and businesses adjust their behaviors in response to higher prices [1][1][1] Group 2 - President Trump indicated that US military objectives in Iran are nearing completion, stating that significant progress is being made and emphasizing the importance of maintaining global energy supply [1][1] - The G7 nations are discussing the potential release of strategic oil reserves to stabilize energy markets, following concerns raised by the International Energy Agency regarding risks created by the conflict [1][1] - Industry leaders, including the CEO of Saudi Aramco, expressed concerns that prolonged disruptions could have catastrophic consequences for the global oil market, highlighting the critical nature of the current geopolitical situation [1][1][1]