Oil prices top $110 after Trump says Iran can be ‘taken out’ in one night

The Guardian The Guardian

Mixed stock market reaction to president’s comments, while IMF chief warns of inflation and slower growth

Oil traded at more than $110 a barrel on Tuesday after Donald Trump said all of https://www.theguardian.com/world/live/2026/apr/07/iran-war-live-updates-trump-hormuz-threats-deadline-strikes-middle-east-conflict">Iran could be “taken out” in one night.

Brent crude, the international benchmark for oil prices, rose by 1% to $111 a barrel.

New York light crude rose 2.6% to $115.3 a barrel.

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