Tag: Iran-US conflict
-

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…