By Debdeep Gupta | April, 01 2026
Oil surges as Trump signals early Iran exit, Hormuz shutdown keeps markets on edge
crude oil prices extended gains in asian trading on wednesday as escalating attacks in the persian gulf and comments from donald trump on a possible early u.s. exit from iran kept markets on edge, even as the strait of hormuz remains largely closed.brent crude for june delivery rose 1.5 percent to $105.56 a barrel, after the may contract settled about 5 percent higher at $118.35 per barrel in the previous session. u.s. west texas intermediate (wt







