
Oil Prices Surge Amid US-Iran Tensions
About this episode
Oil prices surge due to U.S.-Israeli conflict with Iran, causing supply disruptions. Brent crude jumps $2.40, WTI rises $3.00. Trump warns Iran of potential strikes, traders brace for supply risks. No fresh strikes reported, but Strait of Hormuz remains choked, keeping oil flows tight. Markets expect more volatility as talks stall.
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US News Today | 2 Min News | The Daily News Now! — Oil Prices Surge Amid US-Iran Tensions. Machine-transcribed; use the interactive transcript above to jump the player to any line.
It's April 5th, I'm Cory with the story, and this is US News Today National News powered by AI. Oil prices jumped at the open today after the Easter break thanks to the ongoing US Israeli conflict with Iran messing with global supplies. Brent Crude climbed $2.40, or 2.2%, hitting $111.43 a barrel by 10.15 pm. Greenwich Mean Time West Texas Intermediate went up $3, or 2.7% to $114.57. President Trump turned up the heat yesterday with a fiery Easter Sunday post on social media loaded with strong language. He warned Iran straight up, reopen the strait of hormones, or face strikes on power plants and bridges as early as Tuesday. Stages are on edge, watching how this war ramps up supply risks in the Middle East. Everyday folks could feel it at the pump soon, with higher costs trickling down to gas and goods we all buy.
No fresh strikes reported yet, but the strait stays choked, keeping oil flows tight. Markets are betting on more volatility as talk stall. Word is, diplomatic channels are buzzing behind the scenes, but tensions show no signs of cooling anytime soon.
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