# US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran | Reuters

> US crude settled more than 11% higher and Brent rose nearly 8% on April 2 after President Trump said the US would continue attacks on Iran. WTI settled at its biggest absolute daily gain since 2020, while Trump's speech gave no timeline for reopening the Strait of Hormuz.

- Date: 2026-04-02 · published 2026-04-02T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude high
- Page: https://feedsoft.ai/events/12724-us-crude-jumps-more-than-11-brent-nearly-8-after-trump-vows-more-attacks-on
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Prolonged disruption to Gulf oil flows raises crude and diesel costs, which lifts feed transport and processing costs and supports energy-linked feed prices.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-04-02 | [Near-term oil prices hit record premium over later deliveries after Trump vows more attacks on Iran \| Reuters](https://feedsoft.ai/events/12725-near-term-oil-prices-hit-record-premium-over-later-deliveries-after-trump-vows.md) | -2.2% | +6.1% |
| WTI | 2026-09-11 | [Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacks \| Reuters](https://feedsoft.ai/events/17629-oil-surges-6-brent-and-us-crude-both-surpass-100-on-more-tanker-attacks-reuters.md) | -0.4% | -7.0% |
| WTI | 2025-04-11 | [Brent, WTI prices climb more $1 on possible Iran crude restriction \| Reuters](https://feedsoft.ai/events/25279-brent-wti-prices-climb-more-1-on-possible-iran-crude-restriction-reuters.md) | +7.5% | +2.5% |
| WTI | 2026-08-30 | [Oil settles up by more than 2.5% as US and Iran resume military attacks \| Reuters](https://feedsoft.ai/events/18065-oil-settles-up-by-more-than-2-5-as-us-and-iran-resume-military-attacks-reuters.md) | +9.6% | +4.0% |
| WTI | 2026-08-31 | [Brent nears $90 after US-Iran strikes: Why is crude oil price rising?](https://feedsoft.ai/events/18055-brent-nears-90-after-us-iran-strikes-why-is-crude-oil-price-rising.md) | +9.6% | +4.0% |
| BRENT | 2026-04-02 | [Near-term oil prices hit record premium over later deliveries after Trump vows more attacks on Iran \| Reuters](https://feedsoft.ai/events/12725-near-term-oil-prices-hit-record-premium-over-later-deliveries-after-trump-vows.md) | -2.8% | +8.2% |
| BRENT | 2026-09-11 | [Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacks \| Reuters](https://feedsoft.ai/events/17629-oil-surges-6-brent-and-us-crude-both-surpass-100-on-more-tanker-attacks-reuters.md) | -1.2% | +2.1% |
| BRENT | 2025-04-11 | [Brent, WTI prices climb more $1 on possible Iran crude restriction \| Reuters](https://feedsoft.ai/events/25279-brent-wti-prices-climb-more-1-on-possible-iran-crude-restriction-reuters.md) | +6.7% | -0.4% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-prices-drop-hopes-us-pullback-iran-war-2026-04-02/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.