Oil prices drop sharply after Trump moves to reassure markets over Iran war

US president describes conflict as ‘very complete’, but threatens further strikes after Iran says it won’t allow ‘one litre of oil’ to leave Middle East while war continuesMiddle East crisis liveOil prices have tumbled from four-year highs, capping an extraordinary 24 hours in global markets after Donald Trump suggested the US-Israel war on Iran could end “very soon”.Brent crude, the international benchmark, surged as high as $119.50 per barrel on Monday as the Middle East conflict intensified fears of a deepening energy supply crisis. Continue reading...


play_arrow All United Kingdom News
27 h.
Economics
ID: 2349845723510811297


Similar News expand_more


19 h. Oil prices: What it means for your money as Brent crude drops after Trump’s declaration war will end soon
Economics
29 h. Middle East crisis live: oil prices fall back sharply as Trump claims Iran war will be over ‘very soon’
Economics
8 d. Oil surges and stock markets fall after strikes in Iran – what does it mean for your money and pension?
Economics
9 d. Oil prices surge as stock markets tumble after Middle East attacks disrupt energy supply
Economics
44 h. Trump says oil price spike is ‘very small price to pay for safety and peace’ as Iran war rages
Economics
42 h. London's FTSE indexes fall as oil prices soar, inflation concerns mount
Economics
4 d. Oil surges to highest price since 2023 and stocks drop as Iran war rages
Economics
24 h. Oil prices fall and Asia markets rebound after Trump says Iran war will end ‘soon’
Economics
3 d. Oil prices are soaring, but Trump is downplaying the need to tap the Strategic Petroleum Reserve
Economics
47 h. The Latest: Oil prices soar after Iran names new supreme leader and launches more attacks
Economics
66 h. Oil prices ‘could breach $100 a barrel within days’ amid supply disruption from Iran war
Economics
5 d. Global oil prices rocket after huge petrol refinery blown up in Iranian missile strike
Economics
8 d. European gas prices rocket 40%, oil surges and FTSE 100 slides as Iran conflict erupts
Economics
9 d. Oil prices jump as Iran war threatens shipping through strait of Hormuz
Economics
31 h. How the Iran war and surging oil prices are affecting consumers at the gas pump and beyond
Economics
9 d. Oil price expected to surge after Iran strikes and strait of Hormuz closure
Economics
24 h. Trump predicts 'Death, Fire, and Fury' for Iran as oil prices continue to rise
Economics
4 d. Oil and gas prices rapidly rise as Iran war shows no signs of letting up
Economics
9 d. Oil price expected to surge following Iran strikes and strait of Hormuz closure
Economics
4 d. Trump demands ‘unconditional surrender’ from Iran as war escalates with oil crisis
Economics
9 d. Oil prices rise and stock markets dip as Iran war threatens global economy
Economics
4 d. Stock markets tumble as oil prices surge in biggest weekly gain since 2020
Economics
41 h. Now Saudi cuts oil production as Brits 'face highest EVER petrol pump prices'... but Trump says spiralling energy bills are 'small price to pay' for taming Iran
Economics
4 d. FTSE 100 Live 06 March: Oil price continues to climb, index falls back
Economics
61 h. Oil prices ‘could reach $100 a barrel within days’ due to Iran war as UK warned of gas shortage crisis
Economics
8 d. Fears UK petrol prices could rise as cost of oil jumps following Iran strikes
Economics
61 h. As oil prices soar, Trump is downplaying the need to tap into US reserves
Economics
7 d. Trump says US Navy will escort tankers through Strait of Hormuz 'if necessary' as conflict in Middle East sends oil and gas prices skyrocketing
Economics
7 d. Iran's war on oil supplies sparks queues for petrol across West amid warnings of $200 a barrel as Tehran seals Strait of Hormuz
Economics
3 d. Growing concern as oil and gas prices rapidly rise amid escalating Iran conflict
Economics
5 d. Oil, gas and stocks fluctuate over Iran war – what does it mean for your money, pension and energy prices?
Economics
38 h. Trump 'considering seizing Iranian "Oil Island" where country exports 90% of its crude': White House officials reveal operation that could see boots on the ground
Economics
47 h. Iran names former supreme leader's son to succeed him as war sends oil prices soaring
Economics
6 d. Energy bills in UK could rise £500 as Trump's Iran war sends gas and oil prices soaring, say economists
Economics
45 h. FTSE 100 Live 09 March: Oil price at $107 as energy supply fears intensify, stocks slump
Economics
45 h. Iran war sparks record oil price spike as crude oil prices rise by more than 20% to above $100
Economics
4 d. Oil price hits $89 and heads for biggest weekly gain since 2020; shock as US economy loses 92,000 jobs in February – business live
Economics
52 h. Trump says oil spike is small price to pay for ‘safety and peace’ as energy chief reassures Americans that pain at gas pump will last ‘weeks... not months’
Economics
5 d. Americans lash out at Trump as gas prices rise over Iran war: ‘He promised to bring prices down’
Economics
1 M. Baghdad traders protest new customs tariffs as Iraq wrestles with shrinking oil revenues
Economics
37 h. The cheapest places to get petrol and diesel in Greater Manchester as oil prices soar due to Middle East crisis
Economics
34 h. Here are the Iran war's biggest unknowns, from Tehran's new leader to oil prices
Economics
4 d. Iran war pushes oil price above $90 threatening rise in global inflation
Economics
4 d. Iran war pushes oil price above $90, threatening rise in global inflation
Economics
5 d. Oil price continues to rise amid Middle East crisis but stock markets rebound across Asia
Economics
6 d. ‘I lost £1000 in a day’: Heating oil price spike leaves households and suppliers out of pocket
Economics
46 h. Oil crosses $100 mark amid Iran war as violence erupts at petrol pumps in South Asia
Economics
7 d. Trump weighs military support for oil tankers in Strait of Hormuz as Iran war drives price surge
Economics
39 h. Gasoline prices have already jumped 17% since Iran attacks started with oil prices continuing to soar
Economics
Add Watch Country

arrow_drop_down