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Trump's Iran war speech paints a grim picture for oil markets with more than 600 million barrels at risk

Oil prices are surging as the market prepares for a longer U.S. war with Iran after President Donald Trump's national address.

1 report1 sourceApr 2, 2026, 6:02 PM
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CNBCApr 2, 2026, 6:02 PM

Trump's Iran war speech paints a grim picture for oil markets with more than 600 million barrels at risk

Oil prices are surging as the market prepares for a longer U.S. war with Iran after President Donald Trump's national address.

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