Oil is rallying on supply worries after Trump threatens the 'official end of Iran'

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Oil is rallying on supply worries after Trump threatens the 'official end of Iran'
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Oil prices jumped on Monday after OPEC signaled it would maintain supply cuts and President Trump threatened the 'official end of Iran.'

,"If Iran wants to fight, that wil be the official end of Iran. Never threaten the United States again!"

Meanwhile, Saudi Arabian Energy Minister Khalid al-Falih said there was consensus among the Organization of the Petroleum Exporting Countries and other oil producers to reduce crude inventories"gently" while remaining responsive to the needs of a"fragile market,""Oil has already rallied around 40% since the start of the year, thanks mainly to OPEC limiting supply," said Jasper Lawler, head of research at London Capital Group.

Stock markets were muted as traders waited for the next twist in the US-China trade war. Following the Trump administration's blacklisting of Huawei last week, Google has

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