Oil Jumps After Trump Warns Iran With Grave 'consequences'

Thomson Reuters Oil prices jumped nearly 2% early Monday. President Donald Trump warned Iranian President Hassan Rouhani late Sunday with "CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE" after the Iranian leader said a US-Iran conflict would be the "mother of all wars." Watch oil trade in real time here. Oil prices rose Monday after President Donald Trump delivered Iranian President Hassan Rouhani a frenzied threat on Twitter, promising in all-caps that Iran would suffer grave "consequences" if it continued to threaten the US.

BING NEWS:
  • Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
    The Washington-based institution said the recent fall in commodity prices had been levelling off even before the recent missile strikes by Iran and Israel – making interest rate decisions for ...
    04/25/2024 - 2:31 pm | View Link
  • Oil Price on Rise With Confirmation of Israeli Attack on Iran
    Oil and gold prices surged following reports of an Israeli missile striking Iran, with Brent crude reaching over $90 a barrel before receding when Iran minimized the incident’s impact.
    04/19/2024 - 9:40 am | View Link
  • Oil settles slightly higher as Iran plays down reported Israeli attack
    NEW YORK, April 19 (Reuters) - Oil settled slightly higher on Friday, but posted a weekly decline, after Iran played down a reported Israeli attack on its soil, a sign that an escalation of ...
    04/19/2024 - 9:37 am | View Link
  • Oil prices get short-lived boost from attack on Iran
    Israel carried out a military strike inside Iran, a US official told CNN, a move that could push the oil-rich region deeper into conflict. The Israeli military has not commented, and Iran has ...
    04/18/2024 - 11:48 pm | View Link
  • Oil prices jump over 3%, near $90 on reports of explosions in Iran
    Iran's Fars News Agency said on Friday that explosions were heard in Isfahan in central Iran, in parts of southern Syria and in parts of Iraq. ABC news reported that U.S. officials said Israel had ...
    04/18/2024 - 6:55 pm | View Link
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