Oil jumps to $90 per barrel after Trump threatens Iran
Following overnight missile attacks by Iran on US bases in Jordan and President Donald Trump's subsequent threats against Tehran, oil prices surged 7%. Brent crude is trading at $90 per barrel, while WTI is around $84 per barrel.
Following overnight missile attacks by Iran on US bases in Jordan and President Donald Trump's subsequent threats against Tehran, oil prices surged sharply. Brent crude jumped 7% to $90 per barrel, while WTI reached around $84 per barrel. The rise reflects market fears of potential supply disruptions from the Persian Gulf region. The article does not include an analysis of long-term consequences or reactions from other players.