Oil prices jumped about 4 percent, with Brent at $104.28 and WTI at $91.49, amid concerns over the US war on Iran and shipping risks in the Strait of Hormuz. Iranian media reported massive explosions there, citing possible sea mines. Trump said talks with Iran were productive and pledged no attack before the November 3 midterms.
Oil Surges as Trump Rules Out Pre-Midterm Iran Strike
Source: Al Jazeera