Oil climbs as Trump warns Iran
Oil prices rose by about two dollars after Trump threatened to take strong action against Iran and confirmed that the United States would launch an attack if no peace agreement was reached. Brent crude recorded $93.10 per barrel, up by 1.8%, while the American crude price reached $90.03, an increase of 2%. The statements came after ships carrying more than 100 million barrels of oil were targeted in the Strait of Hormuz, while data showed U.S. oil inventories decreased by 7.2 million barrels, the lowest levels since August 2023.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)