Oil prices jump nearly 6% after Trump says ceasefire with Iran is over
BANGKOK (AP) — Oil prices surged nearly 6% after U. S. President Donald Trump said Wednesday that the interim agreement with Iran is “over,” though he will allow talks to continue. Trump made the comments following U. S. strikes on Iran in reaction to attacks on three ships in the Strait of Hormuz. The price of Brent crude oil jumped 5. 6% to more than $78 a barrel. U. S. benchmark crude surged 5. 8% to $74. 55 a barrel. “For me, I think it’s over,” Trump responded when asked about...
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