Oil prices surge as Trump threatens further strikes on Iran

Oil prices surge as Trump threatens further strikes on Iran Oil prices have jumped sharply after United States President Donald Trump renewed threats to target Iranian infrastructure. Brent crude, the global benchmark, climbed about 8 per

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Oil prices surge as Trump threatens further strikes on Iran

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Live Blog Update| War on Iran

3 April 2026 09:18 BST

Oil prices have jumped sharply after United States President Donald Trump renewed threats to target Iranian infrastructure.

Brent crude, the global benchmark, climbed about 8 percent on Friday, rising above $109 a barrel.

Prices have surged nearly 50 percent since the war began, driving up fuel costs worldwide and pushing governments to introduce energy-saving measures.

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