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Brent Breaks $70 After Trump Threatens Iran With Military Force
['Charles Kennedy', 'Charles Is A Writer For Oilprice.Com', 'More Info', 'Updated', 'Jan', 'Am Cst']
OilPrice.com Daily News Update
Brent Crude prices topped $70 per barrel early on Thursday for the first time since August, as U.S. President Donald Trump warned Iran that a “massive armada” of U.S. Navy ships is headed to the Persian Gulf.
The U.S. benchmark, WTI Crude, was also trading higher, up by 4.79% to $66.24.
WTI topped $65 per barrel for the first time since September.
It is moving quickly, with great power, enthusiasm, and purpose,” President Trump posted.
He urged Iran “to make a deal” pledging “NO NUCLEAR WEAPONS,” otherwise, President Trump said, “The next attack will be far worse!