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Trump Declares 'War Over' Amid Rising Oil Prices, US Releases Strategic Reserves
Trump's 'Victory' Declaration Contrasts with Market Trends
U.S. President Donald Trump has consistently emphasized political messages asserting that "we won and the war is over." Although he effectively declared victory in his Kentucky speech on March 11, market trends suggest a different reality. According to KBS analysis, the Middle East situation has entered a prolonged phase, leading to ongoing instability in the oil market.
Strategic Petroleum Reserve Release Signals Prolonged Middle East Conflict
On the same day as President Trump's victory declaration, the U.S. government announced a plan to release 172 million barrels from its strategic petroleum reserve. This move is interpreted as an indication that the situation is far from resolved, necessitating such a substantial release of strategic reserves. This action by the U.S. government reflects concerns about the potential for a protracted Middle East conflict, increasing market skepticism regarding international oil price stability.
*Source: YouTube: KBS News (2026-03-13)*
