Oil prices rise as Brent barrel climbs back above $105
Today at 4:05 am
The price of Brent crude oil from the North Sea, an international benchmark, is sharply rising this morning after a televised statement by US President Donald Trump, climbing back above $105.
Brent surged over 4% to $105.55 per barrel around 3:40 am (Paris time), and the West Texas Intermediate (WTI) barrel, the American reference, rose 3% to $103.16, as both were trending downward before Donald Trump declared that Iran would be hit “extremely hard” for another two to three weeks.
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Context: The article discusses the increase in oil prices as a result of statements made by US President Donald Trump regarding Iran.
Fact Check: Oil prices are often impacted by geopolitical tensions, such as those involving Iran and the United States.
