Price of oil hits $116 a barrel after Trump says he wants to ‘take the oil in Iran’
Source: US news | The Guardian · Bias: Center Left
Summary
Stock markets in Asia drop sharply, with investors nervous over escalation of Middle East conflictBusiness live – latest newsThe 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, after Trump said that he could seize the Iranian export hub of Kharg Island. Continue reading...
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Daily Analysis
Read the full Parallax Pulse for March 30, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.
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