Oil hits two-month high as Trump threatens Iran’s trading partners, and warns ‘we’re screwed’ if supreme court blocks tariffs – business live

Oil hits two-month high as Trump threatens Iran’s trading partners, and warns ‘we’re screwed’ if supreme court blocks tariffs – business live - short news


Rolling coverage of the latest economic and financial news, as Trump says countries doing business with Iran face 25% tariff on US trade

US crude oil is also climbing this morning.

US West Texas Intermediate crude rose to $60/barrel this morning, for the first time in over a month.

“The price increase comes amid intensifying protests in Iran, raising the possibility of some form of intervention by the U.S.”

When these Investments are added, we are talking about..


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source: The Guardian - 13.01.2026

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