Trump’s Renewed Iran Threats Drive Oil Higher
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Crude oil price moved higher today, adding some 5% from Wednesday, following President Donald Trump’s address to the nation, in which he said the United States would continue attacking Iran. Brent crude was trading at $107.49 per barrel at the time of writing, up by over 6% from Wednesday. WTI was up by over 5%, trading at $105.25 per barrel. The U.S. president added that the army had come close to accomplishing its goals in the war, saying that “We are going to finish the job, and we're going to finish it very fast. We're getting very…
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