WTI Crude Oil Futures Break Through $90 as Trump Threatens Iran

WTI Crude Oil Futures Break Through $90 as Trump Threatens Iran

N
News Editor
2026-09-01 18:00:39
WTI crude oil futures topped $90 per barrel for the first time since late July, rising 4.28% intraday. Trump said he is taking action against Iran and warned of severe consequences if Iran retaliates. Iran's Revolutionary Guard responded with threats of a devastating strike against U.S. forces.

BlockBeats News, September 2 — According to Bitget market data, WTI crude oil futures touched $90 per barrel, the first time since the end of July, with an intraday gain of 4.28%.

On the news front, Trump stated that he is taking action against Iran, warning that if Iran retaliates, the country will have little left. The Islamic Revolutionary Guard Corps and the Armed Forces responded firmly, declaring they will "respond several times over, deliver a devastating blow to the U.S. military, and severely strike U.S. military bases."

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