Oil prices rise 3% after Trump cancels meetings with Iran, tells protesters help is on the way
CNBC·2026-01-14 00:44

Iranians gather while blocking a street during a protest in Tehran, Iran on January 9, 2026.Crude oil prices rose about 3% on Tuesday, after U.S. President Donald Trump canceled all meetings with Iranian officials and promised protesters that help is on the way. U.S. crude oil rose 1.96,or3.291.96, or 3.29%, to 61.46 per barrel by 11:42 a.m. ET. Global benchmark Brent was up 1.99,or3.121.99, or 3.12%, to 65.86 per barrel. The Islamic Republic's security forces have cracked down on large-scale demonstrations with hundreds of ...