Crude oil prices reversed course in after-hours trading following President Donald Trump's remarks about the Iran conflict. Trump told CBS that the Iran war is 'very complete, pretty much,' a statement that triggered selling in the oil futures market. The comments came during after-settlement trading, catching traders off guard and erasing earlier gains.

Oil had been trading higher earlier in the session amid ongoing Middle East tensions and concerns about supply disruptions. The market had been pricing in potential escalation risks, with traders closely monitoring developments in the region. Trump's characterization of the conflict as 'very complete' suggested a de-escalation that reduced immediate supply concerns.

The price reversal highlights how sensitive energy markets remain to geopolitical statements. Even off-the-cuff remarks from political leaders can move commodity prices significantly. Traders had positioned for continued volatility, but Trump's comments shifted sentiment quickly, demonstrating the market's sensitivity to political developments in oil-producing regions.