Saturday, 24 October 2026 Updated 24 min ago
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U.S. oil holds above $100, Brent at five-month high as Iran says it’s prepared for warfare

U.S. President Donald Trump accused Iran on Thursday of trying to manipulate the oil market.

CNBC reports: U.S. President Donald Trump accused Iran on Thursday of trying to manipulate the oil market.

This business story centres on the United States. Names and organisations mentioned in the coverage include Iran, Brent and President Donald Trump.

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Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.

Key details

Location
United States · Americas
Reported by
CNBC
First reported
Key names
Iran, Brent, President Donald Trump
Section
Business

Sources

This is an independent summary. Read the full, original reporting from the publisher:

Read the full story at CNBC

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