USS Abraham Lincoln (CVN-72), a Nimitz-class nuclear-powered aircraft carrier, is shown at Naval Air Station North Island in San Diego, California, U.S., on August 11, 2025.
Mike Blake | Reuters
Crude oil prices rose on Wednesday after the president Donald Trump He warned Iran that a “massive armada” was headed his way and that time was running out for a deal on its nuclear program.
Global benchmark Brent It was up 55 cents, or 0.81%, at $68.12 a barrel at 10:33 a.m. ET. US raw materials oil rose 63 cents or 1.01% to $63.02.
“The massive Armada is headed for Iran. It’s moving fast with great force, enthusiasm and purpose,” Trump said. post on Wednesday on his social media platform Truth Social.
This was reported by the US Central Command on Monday Abraham Lincoln Carrier Strike Group He came to the Middle East “to promote regional security and stability.”
Earlier this month, Trump threatened to attack Iran if protesters were killed during mass protests. Thousands have been killed since the Islamic Republic crushed the unrest. But the US president has so far refused military intervention.
Trump said the fleet sent to the Middle East is larger than the force the US ordered to the Caribbean before the capture of former Venezuelan President Nicolas Maduro.
“Like Venezuela, it is ready, willing and able to quickly accomplish its mission with speed and violence if necessary,” Trump said in a post on social media on Tuesday.
He called on Tehran to reach an agreement on its nuclear program.
“Time is running out, this is really important! As I once said to Iran, MAKE A DEAL!” Trump said.
The president warned that a possible attack on Iran would be worse than the bombing campaign of the Islamic Republic’s nuclear facilities last June.
“The next attack will be worse! Don’t let this happen again,” he said.