US President Donald Trump delivers remarks during the inaugural meeting of the “Board of Peace” at the US Institute of Peace in Washington, DC, on February 19, 2026.
Saul Loeb | Afp | Getty Images
President Donald Trump said Thursday that he will decide whether to launch military strikes against Iran in the next 10 days.
“So now we may have to take it a step further, or we may not,” Trump said at the inaugural meeting of his Board of Peace. “Maybe we’re going to make a deal. You’re going to be finding out over the next probably 10 days.”
U.S crude oil prices rose $1.58, or 2.42%, to $66.77 per barrel by 12:14 p.m. ET. Global benchmark Brent was up $1.56, or 2.22%, at $71.91.
“It’s proven to be over the years not easy to make a meaningful deal with Iran,” the president said. “We have to make a meaningful deal, otherwise bad things happen.”
Oil prices have been moving higher this week on fears a U.S. attack on Iran is imminent. WTI is up 6% this week and 16% so far this year.
This is a developing story. Please check back for updates.
