REUTERS/Essam Al-Sudani Crude oil jumped after Trump threatened Iran and oil producers signaled they would maintain supply cuts. "If Iran wants to fight, that wil be the official end of Iran. Never threaten the United States again!" Trump tweeted. OPEC plans to reduce inventories "gently" with an eye on the needs of a "fragile" market. […]
Oil is rallying on supply worries after Trump threatens the ‘official end of Iran’
REUTERS/Essam Al-Sudani Crude oil jumped after Trump threatened Iran and oil producers signaled they would maintain supply cuts. "If Iran wants to fight, that wil be the official end of Iran. Never threaten the United States again!" Trump tweeted. OPEC plans to reduce inventories "gently" with an eye on the needs of a "fragile" market. […]