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Euronews

Angela Barnes

Oil prices climb as Donald Trump signals tougher action on Iran

Donald Trump IG Iran Oil United States

International benchmark Brent crude futures for July rose 1.81% to trade at $111.27 per barrel, while US West Texas Intermediate futures (WTI) for June gained 2.15% to $107.69 per barrel as investors weighed President Trump's latest message to Iran.

In a post on his Truth Social platform, he said on Sunday: “For Iran, the Clock is Ticking, and they better get moving, FAST, or there won’t be anything left of them. TIME IS OF THE ESSENCE!”

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