19 Apr 2024
Monday 23 July 2018 - 16:33
Story Code : 313159

Trump tweet on Iran stirs oil markets

The Wall Street Journal | Christopher Alessi: Oil prices rose Monday after heightened rhetoric between the U.S. and Iran added to investor concerns that crude exports from the Islamic Republic could be at risk.

Brent crude, the global benchmark, was up 1.8% at $74.37 a barrel on Londons Intercontinental Exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 1.2% at $69.10 a barrel.

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