Finance

Oil Hits Four-Year High on Report US Mulls Iran Military Options

Brent oil rallied to a four-year high after Axios reported that US President Donald Trump will receive a briefing on new military options for action in Iran, signaling the potential for fresh escalation in the Middle East.

B
Bloomberg
April 29, 2026·1 min read
Oil Hits Four-Year High on Report US Mulls Iran Military Options

Image: Bloomberg

Brent oil rallied to a four-year high after Axios reported that US President Donald Trump will receive a briefing on new military options for action in Iran, signaling the potential for fresh escalation in the Middle East.

Original article

Oil Hits Four-Year High on Report US Mulls Iran Military Options

Published by Bloomberg

Read full article