Oil prices surge over 6% as Trump declares Iran peace deal ‘over’

AI Summary

Global oil prices surged over 6% after U.S. President Donald Trump declared that the peace deal with Iran was effectively over. This announcement has caused renewed uncertainty in diplomatic efforts and impacted energy markets.

Global oil prices surged by more than six per cent on Wednesday after U.S. President Donald Trump declared that the interim peace agreement between the United States and Iran was effectively "over," signalling renewed uncertainty over diplomatic efforts to end months of hostilities between the two countries. The post Oil prices surge over 6% as Trump declares Iran peace deal ‘over’ appeared first on Nairametrics.