WASHINGTON, March 3. /TASS/. The conflict around Iran is harmful for economies and leads to the rise in oil and gas prices, Chancellor Friedrich Merz said at the meeting with US President Donald Trump.

The conflict "is of course damaging our economies," Merz said, adding that oil and gas prices will grow.

"That's the reason why we all hope that this war will come to an end as soon as possible," Merz added.