‘No more Mr Nice Guy’: Oil prices spike as Trump renews Iran power plant threats
City A.M. | London's Business Newspaper - News, Opinion, & Anal…
April 20, 2026
The price of oil has been driven higher by the latest round of escalations in the Middle East renewing fears of a drastic global energy shock. Brent crude – the international benchmark for oil prices – jumped over six per cent on Monday morning to over $96. It follows a weekend of tensions where shipping [...]
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