Oil prices jump more than 6% after Trump says ceasefire with Iran is 'over'

Source ABC Local
Original Load Date July 8, 2026, 7 a.m.
Last Updated July 8, 2026, 7 a.m.
Original URL https://abc7.com/post/oil-prices-jump-more-6-trump-says-ceasefire-iran-is-over/19468900/

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BANGKOK -- Oil prices surged more than 6% after U.S. President Donald Trump said Wednesday that the interim agreement with Iran is "over," though he will allow talks to continue. Trump made the comments following U.S. strikes on Iran in reaction to attacks on three ships in the Strait of Hormuz. T...