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

Brent crude rises above $90 a barrel for the first time since 30 July after US president tells Tehran to surrender Business live – latest updates 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. Continue reading...

Alex Daniel · Tue, Aug 18, 2026, 12:04 AM
US news | The Guardian

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

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

Business live – latest updates

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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