Oil Rises for Fifth Straight Day as Trump Promises to Crush Iran's Economy (USO:NYSEARCA)
6 Articles
6 Articles
Oil rises for fifth straight day as Trump promises to crush Iran's economy (USO:NYSEARCA)
Crude oil rose for a fifth straight session after President Trump said he would launch "Economic D-Day" against Iran, signaling further escalation in the region and little hope for a deal.
Oil prices closed higher for the fifth consecutive session on Thursday (20), pressured by the worsening diplomatic crisis between the United States and Iran. The movement occurred hours after US President Donald Trump threatened to impose sanctions on any country that maintains commercial or financial relations with Tehran. Brent futures contracts,
Whether on a military or diplomatic level, US President Donald Trump remains guilty of visible successes in his war against Iran. Now he is intensifying rhetoric. Follow all developments in the live ticker.
The market fears new supply disruptions due to stalled negotiations and tensions over the Strait of Hormuz.
Oil prices continued to rise on Thursday. During the day, they significantly expanded slight price gains from early trade following new threats from US President Donald Trump to Iran.
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