Oil markets tense as Trump calls for Iran’s ‘unconditional surrender’

Oil markets remain focused on potential threat from conflict to Straits of Hormuz

US President Donald Trump speaks to reporters about the G7 Summit aboard Air Force One while travelling back to Washington from Canada on Monday, 16 June 2025.
US President Donald Trump speaks to reporters about the G7 Summit aboard Air Force One while travelling back to Washington from Canada on Monday, 16 June 2025.Photo: AFP/SCANPIX
Published 17 June 2025, 19:55Updated 18 June 2025, 08:27
Israel-Iran ConflictDonald TrumpIranIsraelING