Trump says he’s considering limited military strike against Iran

President Donald Trump said Friday he is considering limited military strikes to pressure Iran over its nuclear program.

“I think I can say that I’m considering it,” Trump said in response to a reporter’s question at breakfast with US governors at the White House.

Trump said Thursday he will make a decision within the next 10 to 15 days on whether to attack the Islamic Republic. He left open the possibility that an agreement could still be reached with Tehran over its nuclear program.

Trump has previously said an attack on Iran would be “much worse” than the limited US strikes on its nuclear facilities in June.

Oil prices were flat on Friday after rising more than 5 percent this week as traders priced in the risk of impending U.S. military intervention. US crude oil As of 10:39 a.m. ET, it was down 28 cents to $66.15 a barrel. Global benchmark Brent It fell 23 cents to $71.43 per barrel.

A major US military build-up continues in the Middle East. The aircraft carrier USS Abraham Lincoln is in the region. The second aircraft carrier, USS Gerald Ford, is also on the way.

The oil market’s biggest fear is that a conflict between the United States and Iran would lead to a long-term interruption of oil flows in the Strait of Hormuz.

The Bosphorus is a vital transit point for global oil trade. According to data from consultancy firm Kpler, more than 14 million barrels of oil and condensate passed through the narrow waterway per day on average in 2025, and it is stated that this amount accounts for one-third of worldwide seaborne oil exports.

According to Kpler, approximately three-quarters of the oil passing through the strait goes to China, India, Japan and South Korea.