Oil Eases From 2022 High as Trump Mulls ‘Winding Down’ in Iran

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000An oil pump jack in Corpus Christi, Texas in February. The global oil benchmark eased from the highest levels since mid-2022 as President Donald Trump said he was considering “winding down” US military efforts against Iran, weeks into a conflict that has upended global energy markets. Brent settled above $112 a barrel, bringing this week’s gains to about 9%. Prices eased to trade near $108 a barrel in thin post-settlement trading on Trump’s comments.