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The Trump Admin. is Reportedly Drawing Up Plans For Renewed Attacks Against Iran. Oil Prices Soar.

Iran Oil Donald Trump Tehran United States National Security Strait of Hormuz

Oil prices are soaring again on Thursday following reports that the Trump administration is considering relaunching strikes against Iran even before the November midterms. (Credit: Getty Images)

Oil prices are soaring again on Thursday following reports that the Trump administration is considering relaunching strikes against Iran even before the November midterms.

Brent crude, the international benchmark, jumped 4.23% and stood at $104.44 per barrel at 7:49 a.m. ET, while West Texas Intermediate, the U.S. benchmark, climbed 4.40% and clocked in at $92.16 at the same time.

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