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Oil Rises for Fifth Straight Day as Trump Promises to Crush Iran's Economy (USO:NYSEARCA)

Summary by Seeking Alpha
Crude oil rose for a fifth straight session after President Trump said he would launch "Economic D-Day" against Iran, signaling further escalation in the region and little hope for a deal.

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Oil prices rose on Thursday after the U.S. stepped up pressure on Iran, which reduced the hope of ending the conflict after nearly six months of war in the Gulf. Brent's barrel price from the North Sea, for delivery in October, increased by 2.36 percent to [...] Entry Oil rises after Trump's promise to wage an "economic war" against Iran was first published in Information Focus.

Military intelligence experts claim that the Iranian regime has endured decades of sanctions and will not give in to U.S. pressure

·São Paulo, Brazil
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Oil prices closed higher for the fifth consecutive session on Thursday (20), pressured by the worsening diplomatic crisis between the United States and Iran. The movement occurred hours after US President Donald Trump threatened to impose sanctions on any country that maintains commercial or financial relations with Tehran. Brent futures contracts,

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Bloomberg broke the news in New York, United States on Thursday, August 20, 2026.
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