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Oil Climbs After Fresh Trump Threat as US-Iran Peace Talks Begin
Oil prices climbed following a new Trump threat as US-Iran peace talks commenced. US crude oil storage in Cushing, Oklahoma, reached its lowest level since 2014, with inventories at about 20 million barrels, attributed to surging exports during the Iran war.
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Adjacent reporting
- Trump’s Iran war drains US oil supplies to lowest level since 2004
- Oil Holds Gain as Trump Casts Doubt Over Ceasefire With Iran
- Oil Jumps Following Fresh Clashes Between US and Iranian Forces
- Chevron CEO Wirth warns oil prices likely to rise as Iran war hits supplies
- Oil prices rise amid stalled US-Iran peace talks