After expletive-laden Trump threat to Iran, Oil prices choppy

TL;DR

Oil Crisis Hitting Asia Foreshadows Tough Times for Europe The economies of Europe and many African countries have been left dangerously exposed by the war in the Middle East - Oil prices are volatile after Trump threatened Iran over the closure of the Strait of Hormuz. - Brent crude rose to almost $112 per barrel and WTI rose 3.5% to over $115 before reversing gains. - Investors are keeping their eyes on headlines amid reports of a ceasefire plan.