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Oil prices surge after Israel’s attack on Iran. Trump urges Iran to ‘make a deal before there is nothing left’
JPMorgan fears crude oil could hit a high of $130 a barrel, causing U.S. inflation to return to 5% in a worst-case scenario. President Trump urged Iran to strike a deal before further attacks by Israel,
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Former White House official issues six-word warning as oil prices soar
A former White House official issued a chilling ultimatum to Donald Trump's administration as oil prices continue to rise in the US
Oil Prices Could Climb Higher if Mideast Tensions Escalate
A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and President Trump’s efforts to bring down energy costs.
Soybean Oil Surges With Trump Plan to Boost US Biofuel Quotas
Soybean oil rallied on the Trump administration’s proposal allowing oil refiners to blend more biofuels into gasoline and diesel next year.
Oil-Price Surge Could Complicate U.S. Inflation Fight
A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost year-over-year growth in the consumer-price index by 0.5 percentage points,
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Most G7 members ready to lower Russian oil price cap without US
Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald Trump decides to opt out, four sources familiar with the matter said.
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