Brent Crude Slides 3% After Trump Says US Will End Military Funding to Israel

Brent crude fell 3% after Donald Trump said the United States will stop military funding to Israel by the end of this year, according to The Guardian. Trump told Fox News that he had made the arrangement with Netanyahu "months ago."

The remarks, made in a Fox News interview, introduced a significant shift in the US posture toward one of the Middle East's central security relationships. Oil markets reacted immediately, with Brent crude sliding 3% as traders assessed the implications of reduced US military support for Israel.

The move carries weight for crude pricing because Middle East geopolitical risk has been a persistent factor in oil benchmarks. A change in US funding to Israel alters the regional risk calculus that traders have priced into Brent, and the 3% decline reflects that reassessment.

Trump's statement that the deal was agreed "months ago" with Netanyahu indicates the decision was not sudden, though its public disclosure via Fox News was new to markets. The timing of the funding halt — set for the end of this year — gives investors a defined window to evaluate how the policy shift plays out.

For investors, the immediate takeaway is the sensitivity of crude prices to US policy announcements in the Middle East. A single interview remark moved Brent by 3%, underscoring how quickly geopolitical headlines can reprice energy assets. The source material does not specify the size of the military funding involved, nor does it detail market expectations beyond the 3% move in Brent.