Brent crude hits $90 after Trump remarks

The American President Trump's statements about his readiness to launch new attacks on Iran led to a sudden rise in oil prices, with Brent crude jumping to around $90 per barrel and West Texas Intermediate (WTI) reaching $84.54. This surge was fueled by fears of an escalation that could threaten energy supplies in the region. This came after Trump confirmed that U.S. forces were close to carrying out strikes against Iran in response to the recent Iranian missile attack. The situation reflects escalating tensions between Washington and Tehran and their impact on global oil markets.