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Oil rose in volatile trading as Trump in his address to the nation on Iran war said that he expected the conflict to last another two to three weeks.
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The U.S. president will address the nation at 9 p.m. Eastern Time, or 9 a.m. Singapore/Hong Kong time.
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Amidst conflicting signals from the White House on the war in Iran, the president addresses the nation Wednesday on the conflict.
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The letter, by President Masoud Pezeshkian of Iran, was at times defiant, patronizing or conciliatory, and came hours before President Trump was set to address the American people on the war.
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