Speaking at a news conference in Florida, the US president also said he will waive some sanctions on oil to ensure an adequate supply and lower prices.
Japan, South Korea markets open higher after drop in oil prices
President Donald Trump said on Monday that his administration was lifting sanctions on some countries as part of efforts to stabilise the oil market.
Oil prices swing wildly as Iran war threatens transport routes and production across Middle East
Oil prices fell to under US$90 late Monday, after US President Donald Trump said he thinks “the war is very complete".
Shorts
More Top Stories
Podcasts
Lifestyle
TODAY
Luxury
Insider
Can you make an emotional connection with a digital partner? Four Singaporeans find out
Programmable according to your preferences, AI chatbots may seem appealing — particularly in a country where one in 10 people report not having a close friend. CNA series Besties puts AI-human friendship to the test.
Recent Videos
Brand Studio
Building business growth and career progression with the NTUC Company Training Committee Grant
From streamlining cargo operations and strengthening security coverage to personalising wellness services, companies across different sectors are using the grant to transform how they work and develop their workforce.
Commentary
Commentary: US war on Iran forces Japan and South Korea to confront geopolitical realities
Commentary: Singapore’s record low fertility rate is not all gloom and doom - it’s an opportunity
Commentary: Iran war has shattered the Gulf’s image as an oasis
Commentary: How the war in Iran could impact global economy, including Singapore
Commentary: As US wades into Iran, its pivot to Asia lies in tatters