Statements by U.S. President Donald Trump that the war against Iran would end within two weeks have had a positive effect on international fuel markets as well. Prices of future oil contracts fell by 5% on Wednesday (April 1). Initially, they maintained an upward trajectory, even reaching $116 per barrel of oil, as traders assessed Trump's new signal that the war with Iran could end soon. This, despite the Strait of Hormuz remaining largely closed and more American troops arriving in the region. Currently, future 'Brent' oil contracts have fallen below $100 per barrel for the first time in a week. It is currently at $99.34 per barrel, while the price of American crude, with a drop of more than 4%, is trading just above $97.