Oil prices rise as Trump says Iran ceasefire is on 'life support' amid ongoing conflict

Oil prices increased slightly after U.S. President Donald Trump declared the ceasefire with Iran to be on "life support," rejecting Iran's recent proposal to end the conflict. Trump described the ceasefire as "unbelievably weak" and dismissed Iran's suggestions as "garbage," signaling that the Middle East conflict could continue. Since the war began on February 28, oil prices have surged over 40%, reflecting market concerns about supply disruptions. Experts warn that prices may remain volatile if negotiations between the U.S. and Iran stall, with potential diplomatic efforts involving China expected soon.