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Oil prices rise as Trump claims Iran driving up costs

Summarised from 2 outlets · Updated 23 Oct, 00:20 · Archive

Oil prices have risen amid claims about Iran's role in the price movements ahead of the US midterm elections.

Oil prices spiked on Thursday amid reports of potential military action and allegations about price manipulation. The Daily Mail reports that Donald Trump and Israel have drawn up plans to unleash new attacks on Iran once the midterm elections are over. Trump has claimed that Iran is intentionally driving up oil prices ahead of the US midterm election after the country took responsibility for striking oil tankers near the Strait of Hormuz.

Oil prices rise as Trump claims Iran driving up costs
Image: Daily Mail

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In this story: Trump · Iran · Israel · United States · Strait of Hormuz

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem