Oil prices briefly fell below $100 per barrel following record announcements of strategic reserve releases, but remain significantly higher compared to pre-conflict levels. Brent crude was trading around $97.50, while oil on New York markets reached around $92 per barrel.

US President Donald Trump stated that prices will continue to fall, claiming that the release of reserves from 32 countries will significantly reduce market pressure. "Oil will fall. The Strait of Hormuz is in very good shape. We destroyed all their ships. They have a few more missiles, but not many," Trump told supporters.

However, analysts warn that despite the record reserve release, traders expect the conflict to continue. "This is just a temporary buffer," said one Asian oil market analyst, emphasizing that markets assess that instability will last.

Markets have experienced strong turbulence since the Middle East conflict began — on Monday prices briefly approached $120 per barrel, raising concerns about potential disruptions to global energy supply.