Tag: Iran-US conflict


  • Trump’s Iran Ultimatum Triggers Oil Price Surge, Sparks Global Supply Crisis

    Trump’s Iran Ultimatum Triggers Oil Price Surge, Sparks Global Supply Crisis

    Global oil markets were shaken on Monday as prices jumped after Donald Trump gave Iran a dramatic 48-hour ultimatum, heightening concerns over a drawn-out supply crunch. Brent crude climbed 0.6% to $112.91 per barrel, while West Texas Intermediate (WTI) rose 0.8% to $99.05 in volatile early trading, holding close to recent highs as geopolitical tensions…