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Oil jumps 5% after Trump says deal with Iran ‘over’
Oil prices jumped more than 5 percent on Wednesday, hitting a two-week high after US President Donald Trump said the memorandum of understanding to end the conflict with Iran was “over”, renewing fears of disruptions to Middle East oil supplies.
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channelnewsasia.com
Oil surges, stocks tumble as Trump declares Iran MOU 'over'
Brent crude futures were a long way below the war's peak prices but rose enough to wobble the bond market by increasing inflation risks.
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Oil jumps over 5% after Trump says deal with Iran 'over'
July 8 : Oil prices jumped more than 5 per cent on Wednesday, hitting a two-week high after U.S. President Donald Trump said the memorandum of understanding to end the conflict…
