Oil Futures Surge Over 1% After Trump Warns of Iran Armada
Brent crude futures with March delivery rose 1.1% to $64.77 per barrel while U.S. WTI futures climbed 1.2% to $60.06 after President Trump warned of a U.S. ‘armada’ headed toward Iran. Heightened U.S.-Iran tensions have reignited concerns over potential Middle East supply disruptions.
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