April 3, 2026 11:20 AM
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Oil Prices surge as US President Trump warns of escalation against Iran
Oil prices have soared after Donald Trump vowed in a televised speech to hit Iran “extremely hard” over the coming weeks, knocking hopes of a near-term end to the conflict in West Asia. Brent crude prices jumped by as much as 8 per cent yesterday to over 109 dollar a barrel, reversing Wednesday’s dr...