Trump conflict report triggers surge in oil costs | Iran conflict

The worth of oil has risen to its highest stage since 2022 following reviews Donald Trump is to be introduced with a brand new set of army choices in opposition to Iran.

Global oil costs jumped to a four-year excessive of greater than $122 a barrel on Thursday – the best since Russia launched its conflict on Ukraine.

US media outlet Axios reported that the Pentagon will transient the US president on choices for renewing the battle with Iran.

Reports in Washington additionally prompt the US was ready for an "extended" blockade of the Strait of Hormuz.

#iranwar #oil #straitofhormuz #oilprices #iran #trump

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