Quartz·2 min read·medium

Oil spikes as Trump says Iran will pay "many times over" for killing three US soldiers

Cris Tolomia
AI Summary

Oil prices rose to over $90 per barrel following President Trump's warning that Iran would face consequences for the death of US soldiers. Market volatility is linked to potential supply disruptions in the Middle East.

Brent crude topped $90 overnight before easing; the Houthi move could cut off Saudi pipeline exports that have offset Iran's tanker attacks

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