Oil prices jump by the most in two months after Trump suggests U.S.-Iran cease-fire is over

Oil prices saw their biggest jump in two months after President Trump indicated that a U.S.-Iran cease-fire was no longer in the cards, describing dealings with Tehran as a waste of time. This spike reflects heightened geopolitical tensions, which typically drive up oil prices due to the fear of supply disruptions. The implications are significant for global markets and economies that rely heavily on stable energy prices, as this volatility could impact everything from transportation costs to economic growth. Trump's comments underscore the fragile state of U.S.-Iran relations, adding to existing concerns about Middle East stability.