politics
Oil tops $110 after Trump threatens to bomb Iran power plants
Global oil rose above $110 a barrel and Asian stocks moved after US President Donald Trump issued a social media threat toward Iran while mediators reportedly discussed a possible 45-day ceasefire.
Apr 6th 2026 · United States
Insights
- Brent traded near $109.80 and US crude near $112.40 as Asian markets opened.
- President Donald Trump posted a social media ultimatum threatening strikes on Iran's power plants if the Strait of Hormuz remained closed.
- Traders were focused on a planned Oval Office press conference with military officials and comments that a deal might still be possible.
- Iran posted taunting messages and a senior Iranian officer dismissed the US deadline while warning of consequences for the United States.
- OPEC and allies agreed to increase May production quotas by 206,000 barrels per day, a largely symbolic move amid regional disruption.
- Reports said mediators were discussing a possible 45-day ceasefire that could lead to a broader negotiation to end the war.
Sources
- Barril de petróleo ultrapassa US$ 106 após discurso de Trump g1.globo.com
- Oil back above $110 after expletive-laden Trump threat to Iran www.bbc.com
- Oil back above $110 after expletive-laden Trump threat to Iran www.independent.co.uk
- El petróleo de Texas supera los 114 dólares el barril, tras las amenazas de Trump a Irán www.deia.eus
- Oil prices surge as Trump threatens new attacks on Iran nation.africa
- Oil Rises Slightly After Trump’s Latest Threats on Iran www.nytimes.com
- Oil prices surge again after Trump issues new threat to Iran www.independent.co.uk
- Irã adverte sobre retaliação 'devastadora' após ameaças e ultimato de Trump; petróleo volta a subir g1.globo.com
- Trump Issues Iran Threats, Oil Swings, More www.bloomberg.com
- How defense contractors and oil companies profit from war on Iran as US gas prices soar www.theguardian.com
- Iran threatens ‘oil-gas shortage year’ for the world after Trump's expletives www.hindustantimes.com
- US oil prices flip-flop ahead of Trump's deadline to bomb Iranian power plants www.france24.com
- How high will oil prices go if Iran-US ceasefire is not reached? gulfnews.com
- Where are Iran’s power plants that Trump has threatened to destroy? www.aljazeera.com
- Trump says he would keep Iran's oil but Americans wouldn't understand www.cbsnews.com
- ‘Keep oil, make money’: Trump says 'Americans won't understand' his Iran move www.hindustantimes.com
- U.S. oil is breaking out as Iran war continues. A look at how past peaks have affected stocks www.cnbc.com
- Trump Amps Threat to ‘Take Out’ Iran Before Tues Deadline, More www.bloomberg.com
- Trump Vows to ‘Take Out’ Iran Without Deal, Oil Jumps, More www.bloomberg.com
- Oil Climbs, Stocks Whipsaw After Trump’s Iran Warning, More www.bloomberg.com