Oil prices jump 6% after Trump tweet on Iran’s downing of drone

NEW YORK — Oil prices jump today amid rising US-Iran tensions, with gains accelerating on a cryptic tweet by US President Donald Trump after Iranian forces shot down a US spy drone.

“Iran made a very big mistake!” Trump tweeted in his first public reaction to the strike.

US benchmark West Texas Intermediate climbs 6.3 percent to $57.13 a barrel, while Brent futures in London gain 4.7% to $64.69 a barrel.

— AFP

Most Popular
If you’d like to comment, join
The Times of Israel Community.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.