05-01-2025, 06:06 PM
President Donald Trump said Thursday that any person or country that buys oil from Iran will not be allowed to do any business with the U.S.
U.S. crude oil
futures rose $1.11, or 1.91%, to $59.32 per barrel, while global benchmark Brent
was up $1.15, or 1.88%, to $62.21 per barrel.
“Any Country or person who buys ANY AMOUNT of OIL or PETROCHEMICALS from Iran will be subject to, immediately, Secondary Sanctions,” Trump said in a post on his social media platform Truth Social. “They will not be allowed to do business with the United States of America in any way, shape, or form.”
U.S. crude oil
futures rose $1.11, or 1.91%, to $59.32 per barrel, while global benchmark Brent
was up $1.15, or 1.88%, to $62.21 per barrel.
“Any Country or person who buys ANY AMOUNT of OIL or PETROCHEMICALS from Iran will be subject to, immediately, Secondary Sanctions,” Trump said in a post on his social media platform Truth Social. “They will not be allowed to do business with the United States of America in any way, shape, or form.”