Business

Oil Prices and Geopolitical Tensions

Updated 2026-08-20 12:10 UTC 1 source Neutral

CNBC reports that oil prices rose as U.S. President Donald Trump intensified his rhetoric against Iran amid ongoing talks. The geopolitical tensions are expected to impact global markets.

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CNBC

Oil prices rise 3% as Trump sharpens Iran rhetoric amid talks impasse

Oil moved higher early Thursday after U.S. President Donald Trump sharpened his rhetoric against Iran.

2026-08-20 11:59 UTC