{
  "id": 16311724,
  "title": "Oil prices surge 3% as Trump threatens Iran with another ‘Epic Fury’ attack",
  "url": "https://urgent.news/2026/10/24/oil-prices-surge-3-as-trump-threatens-iran-with-another-epic-fury",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T09:24:30.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/10/24/oil-prices-surge-3-as-trump-threatens-iran-with-another-epic-fury-attack/"
  },
  "original_language": "en",
  "account": "On Saturday, global crude oil prices experienced a significant surge following United States President Donald Trump's threat to launch another military operation against Iran. This development saw Brent crude and West Texas Intermediate (WTI) prices rise by 3.82% and 3.14%, respectively, reaching $116 and $103 per barrel.\n\nAccording to Daily Post, Trump mentioned on Friday that the US might carry out another military action against Iran. His statement contradicted earlier remarks suggesting that the conflict in Iran might be nearing its conclusion. The recent price increase followed the surge in fuel costs, which have been negatively impacting the US economy as the country prepares for the November midterm elections.\n\nThe Iran war, which began in February 2026, is now in its eighth month. The conflict has been affecting economies worldwide, exacerbating the repercussions of the ongoing Russia-Ukraine war. In Nigeria, domestic petroleum product prices have skyrocketed, intensifying the cost of living for millions of Nigerians.\n\nAlthough the Nigerian government benefits from increased crude oil revenue, the domestic petroleum product prices are putting pressure on the population. Daily Post highlights that while oil prices have surged by 3%, Trump's threat of an \"Epic Fury\" attack continues to dominate global markets.",
  "summary": "Global crude oil prices surged on Saturday after United States President Donald Trump threatened Iran with another “Epic Fury” military operation. A market survey on Saturday morning showed that Brent crude and West Texas Intermediate, WTI, rose by 3.82 per cent and 3.14 per cent to $116 per barrel and $103 per barrel, respectively. DAILY […] Oil prices surge 3% as Trump threatens Iran with…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}