Iran War: Oil Prices Explode After Trump’s Iran Speech
Edited By WION Video Desk
Published: Apr 02, 2026, 18:00 IST | Updated: Apr 02, 2026, 18:00 IST
Global markets are on edge after Donald Trump vowed to hit Iran “extremely hard,” triggering a sharp spike in oil prices. Crude surged over 7–9%, while gas prices have already jumped nearly 36% in recent weeks. Investors fear prolonged conflict could disrupt supply routes, pushing fuel costs even higher and deepening global economic uncertainty.
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