<div id="readability-page-1"><div><p><span>Brent crude held firm around $111 per barrel on Wednesday after coming under pressure in the previous session, as investors assessed President Donald Trump’s renewed threat to resume military strikes on Iran if it failed to accept US peace terms. The comments came less than a day after Trump said he had called off a planned attack following appeals from Gulf allies, while warning that Washington could act within “two or three days.” The developments added to persistent uncertainty surrounding the Middle East conflict, with Iran’s nuclear program remaining a key obstacle in negotiations.</span></p><p><span>The war has now entered its 12th week and has effectively kept the strategic Strait of Hormuz closed to shipping traffic, supporting oil prices and fueling inflation concerns.</span></p><p><span>Meanwhile, reports indicated that NATO is weighing plans to escort commercial vessels through the waterway if the route remains blocked beyond early July, adding another layer of uncertainty to the market.</span></p></div></div>

<p>Brent crude prices remained stable at around $111 per barrel amid President Trump's renewed threats of military action against Iran. His comments followed a canceled attack due to Gulf allies' appeals, raising concerns over the ongoing Middle East conflict and its impact on oil prices. The situation has kept the Strait of Hormuz largely closed to shipping, prompting NATO to consider escorting vessels if the blockage continues beyond early July.</p>

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Brent Holds Firm on Fresh Trump Threats