# Oil climbs as Trump warns of tariffs on Russian oil buyers and bombing of Iran – ThePrint – ReutersFeed

> Oil prices rose about 1% in choppy trade on Monday after President Trump threatened 25%-50% secondary tariffs on buyers of Russian oil. He also warned Iran of possible military action and secondary tariffs if it did not reach a nuclear deal with Washington.

- Date: 2025-03-31 · published 2025-03-31T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/25756-oil-climbs-as-trump-warns-of-tariffs-on-russian-oil-buyers-and-bombing-of-iran
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Secondary tariffs on major Russian crude buyers such as China and India could disrupt global crude flows and lift prices. Analysts note Trump has signaled he is not planning to impose them for now, which limits the immediate impact.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-03-08 | [Oil jumps to 2022 high on Iran war, falls after close as Russia sanctions in doubt \| Reuters](https://feedsoft.ai/events/5227-oil-jumps-to-2022-high-on-iran-war-falls-after-close-as-russia-sanctions-in.md) | +9.5% | +25.6% |
| BRENT | 2025-12-19 | [Oil prices climb as US blocks Venezuelan tankers, eyes on Russia-Ukraine talks \| Reuters](https://feedsoft.ai/events/21665-oil-prices-climb-as-us-blocks-venezuelan-tankers-eyes-on-russia-ukraine-talks.md) | +3.1% | +8.7% |
| BRENT | 2022-03-21 | [Oil prices jump again as EU considers Russian oil ban \| Reuters](https://feedsoft.ai/events/8483-oil-prices-jump-again-as-eu-considers-russian-oil-ban-reuters.md) | +9.5% | +0.8% |
| BRENT | 2026-04-16 | [The Iran war has shattered oil's price compass \| Reuters](https://feedsoft.ai/events/8814-the-iran-war-has-shattered-oil-s-price-compass-reuters.md) | +2.9% | +3.3% |
| BRENT | 2026-04-02 | [Oil price jumps and markets slide after Trump warning to Iran \| Oil \| The Guardian](https://feedsoft.ai/events/12923-oil-price-jumps-and-markets-slide-after-trump-warning-to-iran-oil-the-guardian.md) | -2.8% | +8.2% |
| WTI | 2026-03-08 | [Oil jumps to 2022 high on Iran war, falls after close as Russia sanctions in doubt \| Reuters](https://feedsoft.ai/events/5227-oil-jumps-to-2022-high-on-iran-war-falls-after-close-as-russia-sanctions-in.md) | +8.5% | +25.0% |
| WTI | 2025-12-19 | [Oil prices climb as US blocks Venezuelan tankers, eyes on Russia-Ukraine talks \| Reuters](https://feedsoft.ai/events/21665-oil-prices-climb-as-us-blocks-venezuelan-tankers-eyes-on-russia-ukraine-talks.md) | +0.8% | +7.3% |
| WTI | 2022-03-21 | [Oil prices jump again as EU considers Russian oil ban \| Reuters](https://feedsoft.ai/events/8483-oil-prices-jump-again-as-eu-considers-russian-oil-ban-reuters.md) | +10.3% | +3.4% |

## Sources

- theprint.in: https://theprint.in/economy/oil-climbs-as-trump-warns-of-tariffs-on-russian-oil-buyers-and-bombing-of-iran/2572451/

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