Baku (Commerce Desk) – Global oil prices saw a significant jump on Thursday after U.S. President Donald Trump indicated that America may continue attacks on Iran in the coming weeks, potentially targeting energy and oil infrastructure, although no clear timeline for ending the conflict was provided.
According to international media, Brent crude futures rose $4.88, or 4.8%, reaching $106.04 per barrel. Meanwhile, U.S. West Texas Intermediate crude increased $4.17, or 4.2%, to $104.29 per barrel.
Experts noted that this sharp rise came after the previous session saw both benchmarks drop over a dollar, reflecting market reactions prior to Trump’s remarks.
