President Donald Trump said Washington no longer needs an agreement with Tehran, claiming the United States holds hundreds of billions of dollars belonging to Iran and has its Strait. His Truth Social post helped lift crude prices after earlier declines, as uncertainty over the U.S.-Iran war and Iran’s refusal to send any enriched nuclear stockpile abroad weighed on expectations for a resolution. Brent crude briefly rose above $94 a barrel, while the January contract traded 1.1% higher at $93.78 and West Texas Intermediate reached $87.62. Prices had previously fallen as Persian Gulf exports held up, Saudi Arabia reported a 26% increase in October output to one of its highest monthly levels in years, and Iraq reported a wartime production peak. The comments followed a week of sharp market moves, including Trump’s earlier view that additional U.S. strikes were improbable and negotiations were advancing, as well as a 4% Brent increase to around $104 on Oct. 8 after he said he did not want a deal with Iran. In earlier remarks, Trump had directed Vice President JD Vance to focus on crime and alleged corruption in Democratic-run U.S. cities while Vance questioned the war’s cost and said prior advice to end it was sound.