Oil held near a six-month high after US President Donald Trump said he’s mulling a limited military strike on Iran and forces gather in the Middle East, warning Tehran had 15 days at most to reach a deal over its nuclear program.
Oil held near a six-month high after US President Donald Trump said he’s mulling a limited military strike on Iran and forces gather in the Middle East, warning Tehran had 15 days at most to reach a deal over its nuclear program.
A pump jack near Imperial, Texas, US, on Sunday, Aug. 24, 2025. The problem of too much wastewater is spreading across America’s biggest oil field, posing a pressing threat to a basin that has grown into a cornerstone of global markets and is critical to President Donald Trump’s push for energy dominance. Photographer: Mark Felix/Bloomberg