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1 hour ago

Oil, gas prices jump as Trump flirts with striking Iranian oil infrastructure

President Donald Trump's suggestion that Iranian oil infrastructure could be a U.S. target sent oil and gasoline prices higher on Monday, as traders weighed the risk of a deeper confrontation that could further exacerbate global energy supplies.On Friday, Trump ordered strikes on military assets on Iran’s Kharg Island, a strategically vital island in the Persian Gulf that serves as Tehran’s largest oil terminal and a key hub for its crude exports. Over the weekend, he raised the prospect of another bombing raid targeting the island’s oil infrastructure."We can do that on five minutes' notice....

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