Oil Prices Rise for Six Consecutive Days; Trump's 'Line Drawing' Fails This Time

Wallstreetcn
2026.04.24 00:43
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Oil prices rose for the sixth consecutive day, with Brent crude reaching approximately $106 per barrel in early trading and a weekly gain of about 16%. Reports indicate that President Trump's aggressive posts on social media and ongoing maritime blockades are viewed by US officials and Iranian negotiators as major obstacles to peace talks. Meanwhile, divisions have emerged within Trump's advisory team: one faction advocates continuing pressure until Iran's oil storage facilities become full, while another fears that high oil prices could negatively impact the midterm elections