‘No more Mr Nice Guy’: Oil prices spike as Trump renews Iran power plant threats

City AM — Apr 20, 08:50 AM

No more Mr Nice Guy, Trump warns as oil surges. (Image: PA). https://www.cityam.com/wp-content/uploads/2026/04/01KPH71MAK9A3M95KT82WQPRFC.jpeg?w=1107" />

The price of oil has been driven higher by the latest round of escalations in the Middle East renewing fears of a drastic global energy shock.

Brent crude – the international benchmark for oil prices – jumped over six per cent on Monday morning to over $96.

It follows a weekend of tensions where shipping https://www.cityam.com/no-more-mr-nice-guy-oil-prices-spike-as-trump-renews-iran-power-plant-threats/">[...]

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