Oil Prices Up 3% As Trump Demands Changes To Iran Deal

OilPrice

Oil prices pushed higher Monday, with Brent crude topping $94 per barrel and WTI climbing above $90, after President Donald Trump sent a proposed Iran peace agreement back for revisions, raising fresh questions about how quickly the Strait of Hormuz can be fully reopened to global energy shipments.

Brent crude was trading at $94.23 per barrel while WTI stood at $90.87 at 6:06 a.m.

ET on Monday, trading as investors digested news reports.

According to multiple reports, Trump requested stronger language on Iran’s nuclear commitments and more…

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Oil Prices Up 3% As Trump Demands Changes To Iran Deal

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