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US crude tops $110 per barrel and Wall Street tumbles after Trump vows to escalate attacks on Iran

Trump said U.S. forces will keep hitting Iran for two or three weeks as Brent crude rose nearly 5% on supply fears.

  • The price of Brent crude was around $100 per barrel before the president's remarks.
  • Tina Soliman-Hunter from Macquarie University stated that Trump's signals suggest ongoing conflict, keeping oil supplies tight.
  • Thursday marked the last day of Wall Street trading for the week due to Good Friday.
  • Following Trump's address, Brent crude jumped 4.8% to $106.02, and West Texas Intermediate oil increased by 4% to about $104.
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Bloomberg broke the news in United States on Wednesday, April 1, 2026.
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