Brent oil price tops $70 on Trump's Iran threats
- Posted on January 29, 2026
- By Business News Today
- 4 Views
Brent oil price tops $70 on Trump's Iran threats
Brent crude oil topped $70 per barrel Thursday for the first time since September as US President Donald Trump ramped up geopolitical tensions by threatening military strikes on Iran. In London morning deals, international benchmark oil contract Brent North Sea crude jumped 2.4 percent to $70.06 per barrel.