Oil prices surge over 11% as Trump vows to hit Iran - NBC News

Apr 2, 2026, 22:08 GMT+1

US crude recorded its biggest one-day gain since 2020, jumping more than 11%, NBC News reported on Thursday.

The rise came after Trump pledged to intensify strikes on Iran, pushing 2025 gains to 94% and gas prices to $4.08 per gallon, the report said.

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INSIGHT
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ANALYSIS
Will Mojtaba Khamenei's absence help the Islamic Republic survive?

ANALYSIS
Iran or the dollar? US makes an example of Banque Misr
ANALYSIS
War or deal? Rezaei begins to define Iran’s price
INSIGHT
Three mediators in three days seek path back to Iran-US talks
‘State-sponsored theft’: UN representative calls out rising seizures from Iran’s Bahá’ís
ANALYSIS
Will Mojtaba Khamenei's absence help the Islamic Republic survive?