Oil prices climb more than 6% to two-week peak following Trump's Iran ceasefire remarks
On Wednesday, oil prices saw a sharp rise of over 6%, reaching their highest point in two weeks. The jump followed comments from US President Donald Trump at a NATO summit in Turkey, where he declared the ceasefire with Iran "over" and described the nation's leaders as "sick." According to CNBC, Brent crude for September delivery climbed to $78.8 per barrel, while WTI futures for August delivery reached a high of $74.9 per barrel.
by shortkt.com✓