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Oil Prices Jump as Trump Threatens Escalation in Iran

Brent crude climbed to $114 per barrel as the Strait of Hormuz closure cut about 20% of global oil supply, with futures up over 58% this month, analysts said.

Summary by The Hill
Oil prices have jumped up again as the war in Iran rages on and President Trump threatens escalations. On Monday morning, international benchmark Brent crude was trading at about $114 per barrel, up significantly from last week, when prices were floating closer to $100 or $105 per barrel. Prices have been elevated since the war began...

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G7 ministers and central bankers are trying to address concerns, including oil and oil and gas.

·Paris, France
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CAOS. That is the word that best defines the situation in the Middle East following the events of the weekend. At the entry into war of Iranian proxies such as the Houthis are added the contradictory messages between Donald Trump and the Ayatollás. While the first assures that the talks are on the right track, Tehran criticizes attempts to negotiate while preparing for a land invasion and sharpens its attacks on Israel and the American bases in …

Oil ends up rising with fears of escalation Admin FCE 30 Mar 2026 - 21:20 The price of crude oil ended up on Monday, always driven by the consequences of the war in the Middle East, and while Donald Trump threatened to destroy the island of Kharg, the hotspot of the Iranian oil industry.After climbing to 116.89 dollars at the beginning of the session, the price of the Brent barrel of the North Sea, for delivery in May, finally increased from 0.1…

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voz.us broke the news in on Monday, March 30, 2026.
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