Oil prices surge again after Trump speech on Iran war
CBS News
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Oil prices surged again on Thursday after President Trump did not provide a clear timeline for the end of the Iran war or a potential reopening of the Strait of Hormuz during his nationwide address on Wednesday night.
CBS News senior business and tech correspondent Jo Ling Kent has more.
Global Oil Markets Face War Shock
- Oil prices today: Crude jumps beyond $111 as Trump dashes hopes of quick Iran war end Times Of India —
- Trump's Iran war speech paints a grim picture for oil markets with more than 600 million barrels at risk CNBC —
- Volatility hits Wall Street and U.S. oil tops $110 a barrel PBS —
- Oil cargo prices surge as fears of supply shortage grip market Financial Times —
- Brent oil spot price for actual cargo soars to $141, highest level since 2008 financial crisis CNBC —