Published Apr 2, 2026, 3:26 AM ET · Updated 7 months ago · 1 source

Oil Surges as Trump Vows to Escalate War in Coming Weeks

bloomberg
bloomberg
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Original Report

Oil jumped after President Donald Trump vowed an escalation to the war in Iran over coming weeks, damping hopes of a swift resolution and prolonging disruptions to energy flows through the vital Strait of Hormuz. Anthony di Paola reports. (Source: Bloomberg)