Baku 21° C
Oil prices rise after Trump announces US strikes on Iran
Energy
- 02 April, 2026
- 10:24
Add Report.az to preferred Google sources
Stay up to date with the top news!
Oil prices climbed following a decline in the previous session.
According to Report, trading data indicate that June Brent crude futures on the London ICE Futures exchange increased by $5.90 (5.83%), reaching $107.06 per barrel.
May WTI crude futures on the New York Mercantile Exchange (NYMEX) rose by $4.86 (4.85%), reaching $104.98 per barrel in electronic trading.
Investors are assessing the global geopolitical situation in light of statements by U.S. President Donald Trump. On Wednesday, he claimed that within the next two to three weeks, the United States would launch powerful strikes on Iran, potentially setting the country back to the Stone Age.
Author
Latest News
10:27
Hafiz Pashayev: ADA University places special emphasis on engineering disciplines
Education and science
10:25
Baku to host international conference on inclusive employment
Social security
10:23
Mikayil Jabbarov addresses participants of Rebuild Garabagh exhibition
Business
10:17
Photo
Kyiv residents spend night in metro stations to shelter from Russian shelling
Other countries
10:15
Azerbaijani delegation participates in annual meetings of WB/IMF in Bangkok
Finance
10:12
Container traffic at Baku Port increases by 30%
Infrastructure
10:00
Azeri Light crude drops below $128 per barrel
Energy
09:58
Czech media on Sabah's victory over Slavia Prague: Debacle in Baku and the Champions League curse
Football
09:42
Intensive cyberattacks target Azerbaijan's state information infrastructure
ICT