Oil Surges On Iran Tensions

Name: Oil Surges On Iran Tensions
Uploaded: 2026-04-02T17:01:35+00:00
Duration: 55 s
Channel: Benzinga
Description: WTI surged 7.8% to $107.99 and Brent gained 7.3% to $108.63 after Trump warned of further strikes on Iran within 2–3 weeks. Iran denied ceasefire talks and maintained control over the Strait of Hormuz...

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WTI surged 7.8% to $107.99 and Brent gained 7.3% to $108.63 after Trump warned of further strikes on Iran within 2–3 weeks. Iran denied ceasefire talks and maintained control over the Strait of Hormuz, now closed since February 28th, as markets price in prolonged conflict uncertainty.