Oil edges lower after Netanyahu comments: Iran War ends sooner than expected
Israeli Prime Minister Benjamin Netanyahu said at a press conference that he saw "this war ending a lot faster than people think". Oil prices drop after Netanyahu signals a faster end to the Iran war. Here’s how the Middle East conflict is impacting global energy markets and global economy. Oil prices were trading near $105 per barrel (bbl) during the early hours on Friday, March 20, 2026, after Israeli PM Benjamin Netanyahu’s official statement about how the United States was not involved in the recent attacks on Iran’s key energy resources. Here's what you need to know. Oil prices retreated on Friday, March 20, 2026 , following statements from Israeli Prime Minister Benjamin Netanyahu that signaled a potential de-escalation in the conflict with Iran. Market Reaction & Key Comments Netanyahu's Remarks: Netanyahu stated that Israel would refrain from further attacks on Iranian energy infrastructure at the request of U.S. ...