Brent crude oil rises above $110 with the expiration of Trump’s deadline for Iran
Oil prices rose ahead of the deadline set by US President Donald Trump for the agreement with Iran, which aims to meet American demands and reach a ceasefire.
By 06:30 GMT, Brent crude futures rose 1.5%, reaching about $111.4, while West Texas Intermediate crude rose 2.7%, reaching $115.3.
Trump stated that if a truce is not reached by this date, US forces will launch large-scale strikes on civilian targets in Iran.
Trump claimed yesterday, Monday, that US forces are capable of "Judiciary" Over the entire Iran in one night.
He said Trumpto reporters: "The entire country could be wiped out in one night, and that night could be tomorrow (Tuesday) night."
He also set a deadline for Iran, warning that by 8pm EST (00:00 GMT on Wednesday), "destruction" Every bridge and power station in Iran in the event of no agreement.
The Israeli military also warned Iranians against using trains across the country on Tuesday, advising them to stay away from areas near railway lines.
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