Oil Jumps After Trump Says He Believes Ceasefire With Iran Is Over
Oil prices jumped after President Trump said he believed the ceasefire with Iran was over. Brent crude rose 4.7% while WTI futures were up 5.9% in midmorning European trade.
U.S. and Iran Exchange Strikes in Latest Threat to Fragile Ceasefire
Earlier, the U.S. revoked a waiver allowing Tehran to sell oil, eliminating a key incentive for Tehran in the interim peace deal.
Rising Gulf Oil Output Sets Stage for Market Share Battle











