US oil prices soar over 10 percent after Trump demands Iranian surrender

Middle East Eye · March 6, 2026 Sanctions

US oil prices soar over 10 percent after Trump demands Iranian surrender The price of the benchmark US oil contract soared more than 10 percent on Friday, amid fears of extended disruption to crude supplies after President Donald Trump demanded Iran's "unconditional surrender". West Texas Intermediate surged 10. 63 percent to $89.