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Oil jumps after Donald Trump’s remarks dash hopes of end to war

West Texas Intermediate settles at highest since mid-2022 on US president’s threat to hit Iran ‘extremely hard’ Grouped from 3 articles across 3 sources.

3 reports3 sourcesApr 2, 2026, 7:38 PM
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Financial TimesApr 2, 2026, 7:38 PM

Oil jumps after Donald Trump’s remarks dash hopes of end to war

West Texas Intermediate settles at highest since mid-2022 on US president’s threat to hit Iran ‘extremely hard’

The GuardianApr 2, 2026, 3:59 PM

Oil price jumps and markets slide after Trump warning to Iran

Brent crude rises 8% as US president vows to hit Iran ‘extremely hard’ over coming weeks Business live – latest updates Oil prices have soared after Donald Trump vowed in a televised speech to hit Iran “extremely hard” over the coming weeks , knocking hopes of a near-term end to the conflict in the Middle East. Brent crude prices jumped by as much as 8% on Thursday to $109.74 a barrel, reversing Wednesday’s drop when hopes of a de-escalation in the Iran war pushed the international benchmark below the $100-a-barrel mark at one point. Continue reading...

DWApr 2, 2026, 8:06 AM

Fact check: Donald Trump speaks on Iran, oil and economy

In a national address, US President Donald Trump spoke about the war in Iran and claimed that "all of their original leaders" are dead and that the US is "totally independent" of Middle Eastern oil. Is this true?

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