Published by Global Banking & Finance Review®
Posted on April 5, 2026
1 min readLast updated: April 5, 2026
Add as preferred source on GoogleOil prices rose sharply at Monday’s open—Brent at $111.43 (+2.2%), WTI at $114.57 (+2.7%)—as the ongoing U.S.–Israeli military action against Iran and President Trump’s threat to target Iran’s infrastructure intensify supply disruption concerns.
TOKYO, April 6 (Reuters) - Oil prices opened higher on Monday after the Easter holiday weekend as the U.S.-Israeli war with Iran continues to disrupt global oil supply.
Brent crude futures rose $2.4, or 2.2%, to $111.43 a barrel by 2215 GMT. U.S. West Texas Intermediate crude futures gained $3, or 2.7%, to trade at $114.57 per barrel.
U.S. President Donald Trump on Sunday ratcheted up pressure on Iran, threatening in an expletive-laden Easter Sunday social media post to target Iran's power plants and bridges on Tuesday if the strategic Strait of Hormuz is not reopened.
(Reporting by Katya Golubkova; Editing by Edmund Klamann)
Oil prices rose due to ongoing supply disruptions caused by the US-Israeli war with Iran.
Brent crude futures rose $2.4, or 2.2%, to $111.43 a barrel.
US West Texas Intermediate crude futures gained $3, or 2.7%, to trade at $114.57 per barrel.
President Trump threatened to target Iran's power plants and bridges if the Strait of Hormuz is not reopened.
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