Brent Crude Hits $71 A Barrel As Trump Ramps Up Iran Threats

The commodity rallied even higher after the Associated Press reported that Iran issued a warning to ships at sea that it planned to run a drill next week that would include live firing in the Strait of Hormuz, citing two Pakistani security officials and the EOS Risk Group.

Jan 29, 2026 - 23:30
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Brent Crude Hits $71 A Barrel As Trump Ramps Up Iran Threats
The commodity rallied even higher after the Associated Press reported that Iran issued a warning to ships at sea that it planned to run a drill next week that would include live firing in the Strait of Hormuz, citing two Pakistani security officials and the EOS Risk Group.

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