Oil prices choppy after expletive-laden Trump threat to Iran
Brent crude rose above $110 before those gains eased after a report of US-Iran talks over a potential ceasefire.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Fuckin' Strait, you crazy bastards, or you'll be living in Hell - JUST WATCH!"
— Donald Trump , Politician
"helpless, nervous, unbalanced and stupid"
— Gen Ali Abdollahi Aliabadi , Other
"In what might be the most dramatic April fools of recent years, Donald Trump did nothing of what was expected in his speech. Instead of ‘no more war’, we got ‘no, more war!’"
— Chris Beauchamp , Executive
Key People
Chief analyst at IG, providing insights on market reactions.
Former president of the United States known for his aggressive economic policies.
Gen Ali Abdollahi Aliabadi is a member of Iran's central military command.
Tags
All Coverage
Brent crude rose above $110 before those gains eased after a report of US-Iran talks over a potential ceasefire.
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 the Middle East. Brent crude prices jumped by as much as 8% on Thursday to $109.74 a barrel, reversing Wednesday’s drop when hopes of a de-escalation in the Iran war pushed the international benchmark below the $100-a-barrel mark at one point.
Similar Stories
Related coverage based on topic and tags
Oil climbs as fading US-Iran peace hopes raise supply risks - Reuters
Oil climbs as fading US-Iran peace hopes raise supply risks Reuters
August 18, 2026 at 01:13 AMOil steadies after US threatens indefinite blockade of Iran - Reuters
Oil steadies after US threatens indefinite blockade of Iran Reuters
August 14, 2026 at 01:36 AMIndian shares dip as oil tops $91, US-Iran ceasefire expires - Reuters
Indian shares dip as oil tops $91, US-Iran ceasefire expires Reuters
August 18, 2026 at 02:21 AMOil set for weekly gains after US threatens indefinite blockade of Iran - reuters.com
Oil set for weekly gains after US threatens indefinite blockade of Iran reuters.com
August 14, 2026 at 11:03 AMBond yields jump, oil extends gains as US-Iran ceasefire expires - Reuters
Bond yields jump, oil extends gains as US-Iran ceasefire expires Reuters
August 18, 2026 at 01:16 AMUS stock futures fall as fading Iran peace prospects drive up oil, yields - Reuters
US stock futures fall as fading Iran peace prospects drive up oil, yields Reuters
August 18, 2026 at 11:06 AM