Brent futures jump as Trump signals Iran escalation
(Il Sole 24 Ore Radiocor) - Milano, 2 apr - Brent futures surged as prospects for a swift resolution to the conflict in the Middle East faded after US president Donald Trump indicated that military operations in Iran could intensify.
Market participants remain on high alert regarding the potential impact on global energy supplies, especially with the Strait of Hormuz remaining a focal point of tension.
Investors are looking ahead to the OPEC+ meeting on April 5, with analysts expecting the group to prioritize price stability amid the current volatility.
At 0940 GMT, crude oil futures were up 7.46 dollars, or.
7.37%, at 108.62 dollars a barrel.
(RADIOCOR) 02-04-26 10:45:48 (0248) 5 NNNN