US Edition
US crude tops $110 per barrel and Wall Street tumbles after Trump vows to escalate attacks on Iran
Trump said U.S. forces will keep hitting Iran for two to three weeks as oil prices jumped more than 10%, analysts said.
- The price of Brent crude was around $100 per barrel before the president's remarks.
- Tina Soliman-Hunter from Macquarie University stated that Trump's signals suggest ongoing conflict, keeping oil supplies tight.
- Thursday marked the last day of Wall Street trading for the week due to Good Friday.
- Following Trump's address, Brent crude jumped 4.8% to $106.02, and West Texas Intermediate oil increased by 4% to about $104.
244 Articles
244 Articles
Oil prices remained elevated around the world on Thursday at $111.54 a barrel of US crude oil, and jumped on Wednesday after a speech by US President Donald Trump in which he promised that the US would continue to attack Iran and did not offer a deadline for ending the war.
Columbia Gorge News
Oil surges, stocks mixed as Trump dashes hopes of quick end of war
Oil prices surged Thursday after US President Donald Trump threatened more heavy strikes on Iran, while global equity markets reacted indecisively to the latest developments in the conflict.
Market hopes for a quick end to the Iran war evaporated.
Wall Street falls, oil surges after Trump threatens more attacks on Iran
Stocks slumped and oil prices soared Thursday after President Donald Trump vowed the U.S. will continue to attack Iran and failed to offer a clear timetable for ending the conflict in the Middle East.
American oil prices have now recorded an increase of more than 11%, and the Brent seal has increased by almost 8% on the basis of a volatile transaction, the traders are concerned about the prolonged interruptions of oil supply, one day after President Donald Trump said the United States will continue the attacks on Iran, Reuters. The contracts...
Daily Record
The Latest: Iran and Israel keep up attacks as Trump insists US will hit even harder
U.S. President Donald Trump says America will keep hitting Iran “extremely hard” even though he says all his military objectives have been met or exceeded. In a speech Wednesday night, he didn't mention negotiations with Iran or offer a clear…
Coverage Details
Bias Distribution
- 42% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
