Crude oil prices jump as Trump's Iran threats raise supply fears

Crude oil prices jump as Trump's Iran threats raise supply fears

Crude oil prices rose on January 23 after fresh warnings from US President Donald Trump against Iran raised fears of supply disruption. Iran is OPEC's fourth-largest crude oil producer and a key exporter to China. Brent climbed to $65.18 a barrel, while US crude moved above $60, supported by strong demand, Middle East tensions and a weaker dollar.

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