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Donald TrumpBrent Crude prices topped $70 per barrel early on Thursday for the first time since August, as U.S. President Donald Trump warned Iran that a “massive armada” of U.S. Navy ships is headed to the Persian Gulf. At the time of writing, Brent Crude prices had jumped by 4.71% at $71.62. This was the highest in more than five months and the first time the international benchmark has topped $70 per barrel since early August. The U.S. benchmark, WTI Cr…See the Story
Brent Breaks $70 After Trump Threatens Iran With Military Force
67% Center coverage: 3 sources
Donald Trump · IranOil prices surged to their highest level in months in Wednesday's session after reports emerged that U.S. President Donald Trump is weighing targeted strikes on Iranian military positions as he pursues regime change. Brent crude for March delivery was up 3.63% to trade at $70.92 per barrel at 12.40 pm ET, marking the first time Brent has crossed the pivotal $70 per barrel mark since July 2025, while the corresponding WTI contract gained 3.72% to…See the Story
StanChart: Bearish Oil Glut Narrative Fades as Brent Breaks $70
67% Left coverage: 3 sources
