Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Trump's Iran Comments Send Oil Prices Soaring

Guavy AI Editorial Team
Instruments
Oil
Share

Oil prices surged by more than $2 on Monday due to growing concerns about supply disruptions in the Strait of Hormuz. The tensions were fueled by US President Donald Trump's comments on Iran, where he demanded Iran's surrender and threatened to bomb Oman if it gets in the way.

According to Reuters, Brent crude futures settled up 2.65% at $90.87 a barrel, while US West Texas Intermediate crude futures rose 2.55% to $84.50 a barrel.

Bjarne Schieldrop from SEB Research noted that oil prices are unlikely to move significantly higher unless there is a halt in the current flow of crude out of the Strait of Hormuz at night and/or a closure of the Bab el-Mandeb Strait.

More on Commodities

Commodities 1m ago

Saudi Aramco Resumes Oil Loading from Strait of Hormuz

Commodities 1m ago

Aramco Enters LNG Bunker Vessel Sector with Singfar Charter

Commodities 1m ago

Houthis Launch Drone Strike on Saudi Aramco Refinery

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy