Oil prices jump and shares drop after Trump threatens more Iran strikes

The US president said he'll bring Iran "back to the Stone Age" but gave no detail on ending the war.

Brent crude jumped 7.6% to $108.83 per barrel following President Trump's warning of intensified military action against Iran, raising concerns about prolonged conflict and supply disruptions.

Oil prices increased by over 4% and Asian stocks declined after President Trump's address indicating continued aggressive actions against Iran, dampening hopes for a swift resolution to the conflict.

Oil prices rose over $5 as President Trump announced the U.S. would continue attacks on Iran without committing to a specific timeline to end the war, fueling investor concerns about sustained supply disruptions.

Oil prices increased by more than 7% and global shares declined following President Trump's address indicating continued aggressive actions against Iran, raising concerns about prolonged conflict and economic impact.