Brent crude price jumps 6.5% as Trump keeps timeline for end of war open

Thursday, 2 April 2026RSS
Brent crude price jumps 6.5% as Trump keeps timeline for end of war open

The price of a barrel of Brent crude jumped 6.5% and WTI 5.3% this Thursday after Donald Trump stated that the United States will maintain and even reinforce attacks on Iran, but without committing to a timeline for the end of the war, fueling investor fears regarding prolonged disruptions in the...

Context & Explainers

Inflation measures how much general prices rise over time, usually reported year‑on‑year to compare a month with the same month a year earlier. Portugal’s National Institute of Statistics (INE) estimated January inflation at 1.9% year‑on‑year, down 0.3 percentage points from December, which affects rents, wages and everyday purchasing power for residents.

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