Global Oil Prices and Bond Yields Rise After Trump Warns Iran Over Stalled Peace Talks The global energy landscape is careening towards chaos as US President Donald Trump's warning to Iran has sent shockwaves through oil markets and government borrowing costs are increasing.
The stakes in this high stakes game between Washington and Tehran could not be higher, with implications extending far beyond the Middle East. A Global Economic Rubicon Brent crude prices have surged to $111.
13 per barrel, a 1. 7% increase since Trump's warning on social media.