Price of oil hits $116 a barrel after Trump says he wants to ‘take the oil in Iran’
Adrian Bogdan
Stock markets in Asia drop sharply, with investors nervous over escalation of Middle East conflict Business live – latest news Stock markets in Asia drop sharply, with investors nervous over escalation of Middle East conflict Business live – latest news The price of oil has risen sharply to $116 a barrel after Donald Trump said he wanted to “ take the oil in Iran ”, sending Asian stock markets tumbling. Brent crude, the international benchmark for oil, rose by 2% in early trading on Monday,
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