Trump's Iran Comments Send Oil Prices Soaring Above $91

Oil prices surged to over $91 per barrel after former US President Donald Trump expressed doubts about a new agreement with Iran, sparking concerns about future oil supply.

The uncertainty surrounding a potential deal with Iran has intensified market fears about the availability of crude oil, leading to an increase in prices. The Brent crude benchmark rose above $88.6 per barrel earlier in the day, reflecting heightened geopolitical tensions impacting global energy markets.

As a result, gasoline prices have climbed to $4.06 per gallon in the United States, contributing to the rise in oil prices. Market participants will be closely monitoring any further statements or actions from key geopolitical actors that could affect oil supply dynamics.