US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu made efforts to calm market fears by ruling out further military action against Iran’s energy facilities. However, oil prices remain volatile due to damage to major Persian Gulf energy facilities. Trump stated that the US will not deploy ground troops, while Netanyahu promised restraint in future attacks.
Source: https://www.bloomberg.com/news/articles/2026-03-19/oil-and-gas-prices-jump-as-strikes-on-gulf-facilities-escalate