Oil prices moved higher on Oct. 1, with both U.S. crude and Brent crude posting a short-term rise of nearly $0.8, according to Bitget market data. The two benchmarks were quoted at $90.97 per barrel and $99.75 per barrel, respectively. The move came after earlier remarks attributed to Donald Trump, who said he may intensify bombing against Iran after the midterm elections. BlockBeats cited the price action and linked it to that earlier statement. The report did not provide additional market context beyond the quoted prices and the comment.
On Oct. 1, U.S. crude and Brent crude both rose by nearly $0.8 in short-term trading, according to Bitget market data. They were quoted at $90.97 a barrel and $99.75 a barrel, respectively.
Earlier reports cited by BlockBeats said Donald Trump stated that he may intensify bombing against Iran after the midterm elections.
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