Crude oil prices trade near $105/bbl amid Trump’s statement on US-Iran conflict, COMEX gold up 1%; US indices rally over 2.5%

Crude oil prices were trading near $105 per barrel as of the early market hours on April 1 amid Trump's signal of a potential end to the US-Iran conflict. Heightened uncertainty, along with a lack of a specific timeline, is fuelling the investor sentiment in the market.

Apr 1, 2026 - 05:00
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Crude oil prices trade near $105/bbl amid Trump’s statement on US-Iran conflict, COMEX gold up 1%; US indices rally over 2.5%
Crude oil prices were trading near $105 per barrel as of the early market hours on April 1 amid Trump's signal of a potential end to the US-Iran conflict. Heightened uncertainty, along with a lack of a specific timeline, is fuelling the investor sentiment in the market.

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