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Oil prices jump after US-Iran ceasefire expires and Trump threatens Oman

The Guardian World Tuesday 18 August 2026, 07:04 UTC By Alex Daniel 1 min read
Key Points

Brent crude rises above $90 a barrel for the first time since 30 July after US president tells Tehran to surrenderBusiness live – latest updatesOil prices have risen again after the two-month window to negotiate a peace deal in the US-Israel war on Iran expired on Monday with no end to the conflict in sight. Iran said on Monday that it would take a more aggressive stance if talks with the US failed, while Donald Trump demanded Tehran “put up the white flag of surrender” in an interview with...

Brent crude rises above $90 a barrel for the first time since 30 July after US president tells Tehran to surrender

Oil prices have risen again after the two-month window to negotiate a peace deal in the US-Israel war on Iran expired on Monday with no end to the conflict in sight.

Iran said on Monday that it would take a more aggressive stance if talks with the US failed, while Donald Trump demanded Tehran “put up the white flag of surrender” in an interview with Fox News.

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US (LOCATION) Iran (LOCATION) Trump (ORG) Oman Brent (PERSON) Tehran (LOCATION) Israel (LOCATION) Donald Trump (PERSON) Fox News (ORG)
Originally published by The Guardian World Read original →

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