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Biviant
Brent crude hits 4-year high, soaring past $126, as U.S. military to reportedly brief Trump on action against Iran

Event Overview

Oil extends gains with Brent at $120 as fears of an extended U.S.-Iran conflict rise

Updated 3 days ago
CNBC
Associated Press
2 articles•2 sources
Summary

Oil extended gains Thursday on signs of a prolonged U.S. blockade of Iranian exports and stalled nuclear negotiations. This cluster currently includes 2 articles from 2 sources.

What This Means

This cluster currently includes 2 articles from 2 sources. Sources in this event include CNBC, Associated Press.

Source Coverage

Left / left-center

1

Center

1

Right / right-center

0

CNBC

CNBC

7/10
Lean Left

Factual: mostly-factual · Credibility: high

Associated Press

Associated Press

9/10
Center

Factual: very-high · Credibility: high

Original Reporting (2)
Brent crude hits 4-year high, soaring past $126, as U.S. military to reportedly brief Trump on action against Iran
CNBC
CNBC
Lean Left
4/30/2026

Oil extends gains with Brent at $120 as fears of an extended U.S.-Iran conflict rise

Brent crude has surged to its highest levels since mid-2022, LSEG data shows, as the Middle East conflict chokes supplies.

A gas price is displayed as a customer holds a fuel pump nozzle before filling up her vehicle's gas tank at a gas station, in Lincolnshire, Ill., Wednesday, April 15, 2026. (AP Photo/Nam Y. Huh, file)
Associated Press
Associated Press
Center
4/30/2026

Brent crude surges to $123 a barrel on Iran war worries, while world stocks retreat

A gas price is displayed as a customer holds a fuel pump nozzle before filling up her vehicle’s gas tank at a gas station, in Lincolnshire, Ill., Wednesday, April 15, 2026. (AP Photo/Nam Y. Huh, file) The Feyzin Total oil refinery is seen outside Lyon, France, Friday, April 17, 2026. (AP Photo/Laurent Cipriani) Oil.