US President Donald Trump said that numerous empty oil tankers are heading toward the United States to load what he described as the 'world’s best and sweetest' oil and gas. In a recent post on Truth Social, he claimed that the United States possesses more oil than the world’s two largest oil economies and that its quality is superior. He invited buyers to come quickly, saying the country is ready to supply.

Trump’s remarks came as global oil prices fluctuated due to war conditions involving the United States, Israel, and Iran. Benchmark Brent crude recently rose above 110 dollars per barrel but fell by about 15 percent to just under 92 dollars after the United States and Iran agreed to a conditional two-week ceasefire. The agreement also included reopening the Strait of Hormuz, a key shipping route.

Iran’s earlier restrictions on shipping through the strait had driven up fuel and food prices worldwide. Although prices have eased since the ceasefire, they remain higher than before the conflict, when oil traded around 70 dollars per barrel.