Business · 6 April 2026

Oil and diesel prices jump as Trump's deadline approaches

Unsplash / Orkhan Farmanli

Brent Crude rose 2.1% to $114.37 a barrel on Monday after Trump threatened to destroy Iranian power plants and bridges. US WTI oil hit $111.12 a barrel, while London diesel futures jumped 5.7% to their highest level since the war began. The diesel benchmark has now risen 108% since before the conflict started.

By BriefTea Editorial · 6 April 2026 at 17:13

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