dow jones

Oil price fluctuates ahead of Trump's Iran deal deadlineImage source,EPAByOsmond ChiaandMitchell Labiak,Business reportersPublished7 April 2026, 06:10 BST1089 CommentsUpdated 1 hour agoGlobal oil priceshave fluctuated ahead of a deadline set by US President Donald Trump for Iran to open the key Strait of Hormuz shipping route.The cost of benchmark Brent crude rose above $111 (£84) a barrel in early trade. It then fell back below $108 a barrel before climbing back to about $110.On Monday, Trump t