Oil prices surge 3% as Trump threatens Iran with another ‘Epic Fury’ attack

Author: dailypost.ngPublished on: October 24, 2026Country: United States

Business & EconomyWorld / International

Oil prices surge 3% as Trump threatens Iran with another ‘Epic Fury’ attack

Oil prices rose sharply on Saturday after Donald Trump said at a Florida rally on Friday that the United States might launch another military operation against Iran, dubbed “Epic Fury.” Brent crude climbed 3.82% to $116 a barrel, while West Texas Intermediate rose 3.14% to $103. Trump’s remarks reversed earlier comments suggesting the war could end soon; the conflict, which escalated in February 2026, is nearing its eighth month. Higher fuel prices are affecting economies worldwide and worsening the cost of living in Nigeria, despite the Nigerian government receiving more crude oil revenue.

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