The Guardian Australia – Business · business
Oil prices surge over $110 after Trump warns of Iran action
2 hours ago
Oil prices surged over $110 a barrel on Tuesday after Donald Trump stated that Iran could be ‘taken out’ in one night. Brent crude rose to $111, while New York light crude hit $115.3, as markets reacted to escalating tensions and Trump's demand for Iran to reopen the strait of Hormuz by a set deadline.
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Summary by Glance · Original reporting by The Guardian Australia – Business
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