Oil price surges above $105 after Trump remarks

Oil prices have surged back above $105 per barrel as markets react to recent statements from President Donald Trump.

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Friday, 24 April 2026 at 11:15 UTC

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Global oil prices have surged back above $105 per barrel, indicating that recent public statements by President Donald Trump have failed to calm market anxieties. The price spike reflects ongoing volatility and concerns over geopolitical tensions affecting supply. This market movement underscores the significant impact of U.S. policy rhetoric on global energy markets.

e/eineurope · topic · T-05954cycle Friday, 24 April 2026 at 11:15 UTC · first reported 4d ago