economy
February 4, 2026
Oil prices jump after Trump says Iran supreme leader 'should be very worried'
President Donald Trump has threatened to launch military strikes on Iran if the Islamic Republic doesn't agree to a deal on its nuclear program.
TL;DR
- U.S. crude oil and global benchmark Brent prices rose on Wednesday.
- President Trump stated Iran's Supreme Leader should be 'very worried' and mentioned ongoing negotiations.
- Trump has previously threatened strikes on Iran regarding its nuclear program.
- A conflict or regime collapse in Iran could disrupt Middle Eastern oil supplies.
- Discussions between the U.S. and Iran regarding the nuclear program are set for Friday in Muscat, Oman.
- The U.S. military reported shooting down an Iranian drone near a U.S. aircraft carrier.
- Iranian media claims the drone was conducting permitted surveillance.
Continue reading the original article