Oil prices jump 6% as Trump says Iran made ‘very big mistake’ : The Tribune India

Join Whatsapp Channel

  • World
  • Oil prices jump 6% as Trump says Iran made ‘very big mistake’

Oil prices jump 6% as Trump says Iran made ‘very big mistake’

NEW YORK: Oil prices jumped on Thursday on rising US-Iran tensions, with gains accelerating on a cryptic tweet by US President Donald Trump after Iranian forces shot down a US spy drone.

Oil prices jump 6% as Trump says Iran made ‘very big mistake’

File photo of Donald Trump. AFP



New York, June 20

Oil prices jumped on Thursday on rising US-Iran tensions, with gains accelerating on a cryptic tweet by US President Donald Trump after Iranian forces shot down a US spy drone.

“Iran made a very big mistake!” Trump tweeted in his first public reaction to the strike.

Near 1505 GMT, US benchmark West Texas Intermediate climbed 6.3 per cent to USD 57.13 a barrel, while Brent futures in London gained 4.7 per cent to USD 64.69 a barrel. — AFP

Most Read In 24 Hours

1
Punjab

Amritpal Singh to contest Lok Sabha election from Punjab’s Khadoor Sahib, claims lawyer

2
Punjab

Congress suspends Punjab’s Phillaur MLA Vikramjit Chaudhary over statements against ex-CM Charanjit Channi

3
Punjab

Phillaur MLA Vikramjit Chaudhary releases ‘objectionable’ poster of Charanjit Singh Channi, suspended from Congress

4
India

AFT asks Delhi HC to initiate contempt action against defence ministry for failing to pay enhanced pension to widow of fratricide victim

5
Delhi

Can’t control poll, hacking of EVMs mere suspicion: Supreme Court in VVPAT case

6
Himachal

Congress in dilemma over fielding BJP rebels in Himachal Pradesh bypolls

7
Himachal

Heavy rain, snowfall likely in Himachal from tomorrow

8
Lok Sabha Elections

Election Commission sends notices to PM Modi, Rahul, Kharge over violation of Model Code of Conduct

9
Punjab

Buzz about Sidhu Moosewala’s father contesting from Bathinda as Independent candidate

10
Punjab

AAP: Post June 1, Charanjit Channi will face jail over scams

Don't Miss

View All
Scottish Sikh artist Jasleen Kaur shortlisted for prestigious Turner Prize
Diaspora

Scottish Sikh artist Jasleen Kaur shortlisted for prestigious Turner Prize

Europe is the fastest-warming continent, at nearly twice the average global rate, report says
World

Europe is fastest-warming continent, at nearly twice the average global rate: Report

In death, two give new lease of life to 4 patients
Chandigarh

Organ donation: In death, two give new lease of life to 4 patients

Peony flower trials cheer farm scientists
Himachal

Peony flower trials in Palampur cheer farm scientists

Amritsar: ‘Jallianwala Bagh toll 57 more than recorded’
Punjab

Amritsar: ‘Jallianwala Bagh toll 57 more than recorded’

Meet Gopi Thotakura, a pilot set to become 1st Indian to venture into space as tourist
India

Meet Gopi Thotakura, a pilot set to become 1st Indian to venture into space as tourist

Sikhs celebrate Baisakhi on NY Assembly premises
Diaspora

Sikhs celebrate 'Khalsa Sajna Divas' on New York Assembly premises

Diljit Dosanjh’s alleged wife slams social media for misuse of her identity amid speculations
Trending

Diljit Dosanjh’s alleged wife slams social media for misuse of her identity amid speculations

Top News

Rajiv Gandhi scrapped inheritance tax to save Indira's wealth from going to government: Modi

Rajiv Gandhi scrapped inheritance tax to save Indira's wealth from going to government: PM Modi

Lies, says Congress

EC seeks BJP's response on Opposition charge of PM Modi violating model code

Election Commission sends notices to PM Modi, Rahul, Kharge over violation of Model Code of Conduct

ECI invokes Section 77 of Representation of People Act, hold...

Deeply biased: MEA on US report citing human rights violations in India

Deeply biased: MEA on US report citing human rights violations in India

The annual report of the State Department highlights instanc...

Family meets Amritpal Singh in Assam jail after his lawyer claims he'll contest Lok Sabha poll from Punjab’s Khadoor Sahib

Family meets Amritpal Singh in Assam jail after his lawyer claims he'll contest Lok Sabha poll from Punjab’s Khadoor Sahib

Amritpal Singh's father Tarsem Singh, uncle Sukhchain Singh,...

BSP announces candidates for Fatehgarh Sahib, Bathinda Lok Sabha seats in Punjab

BSP announces candidates for Fatehgarh Sahib, Bathinda Lok Sabha seats in Punjab

The party fields Kulwant Singh Mehto from Fatehgarh Sahib an...


Cities

View All

Family meets Amritpal Singh in Assam jail after his lawyer claims he'll contest Lok Sabha poll from Punjab’s Khadoor Sahib

Family meets Amritpal Singh in Assam jail after his lawyer claims he'll contest Lok Sabha poll from Punjab’s Khadoor Sahib

Two groups clash outside immigration agency office in Amritsar

Sacrilege: AAP MLA Kunwar Vijay Pratap Singh fires another salvo against Punjab CM Bhagwant Mann

Over 3 kg heroin seized in Tarn Taran; 1 held

Amritsar: Two of carjackers gang nabbed, two vehicles recovered

Buzz about Sidhu Moosewala’s father contesting from Bathinda as Independent candidate

Buzz about Sidhu Moosewala’s father contesting from Bathinda as Independent candidate

Sikandar Singh Maluka stays away from Akali Dal events

After talks with CTU officials, PRTC restores service to Chandigarh

After talks with CTU officials, PRTC restores service to Chandigarh

Chandigarh: Haryana cop among three held for graft

Finally, AAP, Congress hold joint public event in Chandigarh

Will resolve your issues if elected, Sanjay Tandon tells furniture shop owners

Chandigarh to offer red carpet entry at 55 model polling stations

Saurabh Bharadwaj alleges conspiracy to halt Delhi mayoral polls, oust AAP from MCD

Saurabh Bharadwaj alleges conspiracy to halt Delhi mayoral polls, oust AAP from MCD

Delhi excise policy case: CM Arvind Kejriwal’s conduct did him in, ED tells Supreme Court

Delhi CM Kejriwal ‘kingpin’ of excise scam, ED tells Supreme Court; AAP terms Central probe agency a 'lie machine'

Sunita Kejriwal likely to join AAP’s Lok Sabha campaign in Delhi, to hold roadshows, say party leaders

JEE-Main 2024 result declared; 56 candidates score 100 percentile

Jalandhar boy Rachit Aggarwal secures AIR 25 in JEE-Mains 2024

Jalandhar boy Rachit Aggarwal secures AIR 25 in JEE-Mains 2024

Snatchers have a free run in Jalandhar

3 nabbed for snatching vehicles in Jalandhar

Phillaur MLA Vikramjit Chaudhary releases ‘objectionable’ poster of Charanjit Singh Channi, suspended from Congress

Day after Vijay Sampla’s nephew leaves BJP, Sunil Jakhar, Vijay Rupani meet ex-minister

Ludhiana tops state in election code violation complaints, 86% resolved

Ludhiana tops state in election code violation complaints, 86% resolved

Ludhiana: Amarinder’s loyalists mum on extending support to Ravneet Bittu

Employee gets stuck between buses, dies

Three of vehicle thieves’ gang arrested, 12 bikes recovered

2 youths held with heroin

Punjabis by its side, varsity has a bright future: Prof Arvind

Punjabis by its side, varsity has a bright future: Vice-Chancellor Prof Arvind

Land relief: Farmers to stop entry of AAP, BJP nominees in 24 Patiala villages

RGNUL Vice-Chancellor interacts with students

Speed up wheat lifting in mandis, officials told