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Live: Oil prices rise again as Trump maintains pressure on Iran

04/24/2026 – 05:28

Oil prices continue to rise

Oil prices rose further in Asia on Friday morning, with WTI above $97 and North Sea Brent near $107.

Nearly two months after its outbreak on February 28 by Israel and the United States, the war against Iran continues to weigh on energy markets and the global economy, despite the entry into force of a ceasefire on April 8. Traffic is at a standstill in the Strait of Hormuz, through which 20% of the world’s oil and liquefied natural gas (LNG) transited before the conflict, and is now subject to a double Iranian and American blockade.

Donald Trump assured that time was against Tehran as its oil exports were reduced. “I have all the time in the world, but Iran doesn’t,” he wrote on Truth Social on Thursday.

04/24/2026 – 05:27

Latest developments

Donald Trump announces extension of ceasefire in Lebanon by “three weeks”

Donald Trump announced on Thursday an extension of the ceasefire between Israel and Lebanon, which expired on Sunday, by “three weeks”, following talks between Israel and Lebanon at the White House. The American president then affirmed that there was a “very good chance” of reaching a peace agreement between the two countries this year.

Explosions in Tehran, air defense system activated

Explosions rang out Thursday evening in Tehran, where the air defense system was activated, Iranian media reported for the first time since a ceasefire with the United States came into force on April 8. An Israeli security source assured AFP that the Israeli army was not attacking Iran.

Oil prices jump more than 5% with renewed tensions in Iran

Oil prices split on Thursday to finally end higher, after new explosions in Tehran and in the absence of any prospect of resuming discussions between Americans and Iranians.

Donald Trump claims to have “all the time in the world” regarding Iran

Donald Trump assured that he had “all the time in the world” regarding the war in the Middle East, unlike Iran according to him, in a message on his Truth Social network. “There will only be an agreement when it is relevant and good for the United States, our allies and, indeed, the rest of the world,” the American president wrote.

Iran’s new supreme leader ‘seriously injured’ but ‘quick-minded’

Iran’s new Supreme Leader Mojtaba Khamenei was seriously injured in an Israeli strike early in the war that killed his father, but is “sharp-minded and active,” the New York Times reports. In a message on

Originally published at Almouwatin.com

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Lahcen Hammouch
Lahcen Hammouchhttps://www.facebook.com/lahcenhammouch
Lahcen Hammouch is a Journalist. CEO of Bruxelles Media. Sociologist by the ULB. President of the African Civil Society Forum for Democracy.

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