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Oil Prices Surge After Trump's Iran Comments
US President Donald Trump declared an end to the ceasefire agreement with Iran, leading to a significant increase in oil prices. The statement reflects ongoing tensions between the US and Iran.
Coverage timeline — 1 article
The Hill
The price of crude oil surged on Wednesday morning after President Trump declared that the ceasefire agreement with Iran is “over.” Trump told reporters during the NATO summit in Ankara, Turkey, that he did not want “to deal” with Tehran anymore. “They’re scum,” he added. The president's comments c
2026-07-08 14:21 UTC