Oil prices seesaw after Trump says Iran can be ‘taken out’ in one night
Mixed stock market reaction to president’s comments, while IMF chief warns of inflation and slower growth
Oil traded at more than $110 a barrel on Tuesday, before dipping in volatile trading, after Donald Trump said all of Iran could be “taken out” in one night.
Brent crude, the international benchmark for oil prices, rose by 1% to $111 a barrel, before slipping back to $109.40 as traders watched for developments in the Middle East.
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