Oil Surges Above $90 After Trump Threatens to Bomb Oman Over Strait of Hormuz
Oil Surges Above $90 After Trump Threatens to Bomb Oman Over Strait of Hormuz
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Brent crude prices surged past $90 a barrel after President Donald Trump reportedly threatened military action against Oman concerning the Strait of Hormuz. This geopolitical development follows an expired US-Iran negotiating deadline, increasing instability in global energy markets.
Brent crude broke above $90 a barrel and rose 2.7% on Monday after President Donald Trump threatened to bomb Oman if the country interferes with talks over the Strait of Hormuz. The remarks landed as a 60-day US-Iran negotiating deadline expired without a resolution, deepening uncertainty across energy markets. What Trump Actually Said About Oman