Trump's pledge on Iran attacks boosts oil prices sharply
Oil prices surged nearly 7% after President Trump's pledge to continue attacks on Iran, with Brent crude rising $7.65 to $108.81 per barrel. This reflects heightened fears of supply disruptions amid ongoing geopolitical tensions.
pre-market1 source ↓written by the desknot a recommendation
- on Thursday following
- 7%
- Brent crude rose
- $7.65
- per barrel
- $108.81
- Texas Intermediate climbed
- $7.06
- $107.18
Oil prices surged nearly 7% on Thursday following President Trump's announcement of continued attacks on Iran, raising concerns over oil supply disruptions. Brent crude rose $7.65 to $108.81 per barrel, while US West Texas Intermediate climbed $7.06 to $107.18. This marks the largest daily gains in three weeks, despite remaining below previous highs.
Not investment advice. For informational purposes only.