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BREAKING LIVEvia cnbc.comEconomy

Oil prices jump after Trump says no Iran deal needed

FROM THE WIRE · CNBC.COM

Oil prices popped Thursday, after the latest comments from President Donald Trump raised worries that an end to the U.S.-Iran war was not in sight. Brent crude traded 1.6% higher at $94.25 per barrel. West Texas Intermediate futures gained 1.3% to trade at $87.62 per barrel. "We…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishProlonged US-Iran conflict risk pushes crude higher, a key driver of energy prices and inflation expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Brent crude rose 1.6% to $94.25 per barrel.
  2. 02West Texas Intermediate gained 1.3% to $87.62 per barrel.
  3. 03Trump said in a Truth Social post that the US does not need a deal with Iran.
  4. 04An analyst at Lipow Oil Associates warned Iran could keep attacking Middle East infrastructure.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity93.12 USD-0.17%today +0.39%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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