HIGH ALERT22:30 UTCApr 5 1 min readSource: FXStreet

WTI rises to near $105.00 as Trump threatens to hit Iran infrastructure

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WTI rises to near $105.00 as Trump threatens to hit Iran infrastructure
Image via FXStreet

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $105.00 during the Asian trading hours on Monday. The WTI price climbs to its highest levels in nearly four years amid escalating conflict in the Middle East.

AI Executive Brief
  • / WTI crude oil prices surge to nearly $105.00 due to rising tensions in the Middle East.
  • / The threat of US action against Iran's infrastructure is driving market volatility.
  • / Investors and traders should closely monitor Middle East developments for further market impacts.

AI-generated summary for informational purposes. Verify with original source.