Trump Says U.S., Israel Offensive Will Destroy Iran's Nuclear Threat; Predicts Oil Prices Will Fall

President Trump publicly framed the U.S. and Israeli offensive as aimed at eliminating Iran’s nuclear capability and dismissed the resulting spike in oil prices as temporary and acceptable.

“The price of a barrel of West Texas Intermediate oil rose 15 percent to $104”

Semana

Telecinco reported President Trump said oil prices 'will fall quickly' once what he called the 'destruction of the Iranian nuclear threat' is complete, and called the jump 'a very small price to pay for the security and peace of the United States and the world.'

Semana

Semana noted President Trump made the same point in a Truth Social post, calling the rise a 'very small price to pay.'

The Objective records President Trump threatening Iran with attack on Truth Social, saying 'only fools would think otherwise,' and reportedly even threatened 'its total destruction.'

Markets reacted sharply: Brent crude was reported trading above $102, while U.S. benchmark West Texas Intermediate topped $100 and spiked into the $104 range on the news and related hostilities.

THE OBJECTIVE said “Brent trading above $102” after regional disruptions.

Telecinco

Telecinco reported WTI “topped $100 a barrel, rising 15% to $104.61 at the market open after a prior 36% surge,” linking that volatility to the start of U.S. and Israeli bombings on Iran.

Semana also highlighted that the conflict has “already pushed up oil and natural gas prices and raised retail gasoline costs in the U.S. and Europe.”

Multiple articles tie the price spike to direct strikes and threats in the Persian Gulf and Iran, and to precautions by regional producers.

“The President of the United States, Donald Trump, said this Sunday that oil prices "in the short term will fall quickly" when the offensive launched by his Administration together with Israel against Iran achieves "the destruction of the nuclear threat," which both governments attribute to Tehran, shortly after West Texas Intermediate crude surpassed the $100-per-barrel mark”

THE OBJECTIVE

THE OBJECTIVE wrote that the spike is "driven by the broader campaign by Israel and the U.S. against Iran."

THE OBJECTIVE added that attacks have "destroyed crude storage around Tehran" and that ongoing threats have targeted oil infrastructure.

Telecinco connected the market moves to the "start of U.S. and Israeli bombings on Iran."

Semana recorded that there have been "threats against oil infrastructure."

Semana reported that Saudi forces shot down drones headed for the Shaybah field "(about 1 million barrels per day)."

The hostilities have produced localized environmental and safety effects tied to attacks on energy facilities.

THE OBJECTIVE said that "burning oil from the attacks has released gases that prompted Iranian authorities to warn of possible acid rain; residents described the air as 'unbreathable.'"

Semana

Semana and THE OBJECTIVE both reference drones and strikes affecting major energy sites in the region, with Semana noting the Shaybah drone interceptions, underscoring how attacks on or near production and storage sites are contributing to both market volatility and on-the-ground harm.

Telecinco’s coverage of the bombings also links those strikes to the recent price spikes.

U.S. officials expressed both reassurance and contingency planning.

“'They will fall quickly when the destruction of the Iranian nuclear threat is complete,' the Republican magnate said”

Telecinco

Semana quoted Energy Secretary Chris Wright saying the U.S. is "working with shipping companies to move tankers out of the Persian Gulf" and that, in the early stages, those vessels will likely "transit under U.S. military protection."

Telecinco

Wright added he expects traffic to "normalize relatively soon," that global supply is adequate so prices "shouldn't go up much more," and that the U.S. "does not plan to strike Iran's energy infrastructure" after recent Israeli attacks.

Telecinco and THE OBJECTIVE convey the administration's public posture that price effects will be temporary, echoing President Trump's insistence that prices "will fall quickly" and his broader dismissal of sustained market damage.