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Oil Prices Hit $100 as Middle East Tensions Rise: Trump Defends Tough Stance on Iran
Mar 9, 2026
Oil Prices Hit $100 as Middle East Tensions Rise: Trump Defends Tough Stance on Iran #selemediaafrica #oilprices
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Oil prices around the world have jumped
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Oil prices around the world have jumped
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Oil prices around the world have jumped above $100 per barrel for the first time
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above $100 per barrel for the first time
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above $100 per barrel for the first time in about four years as tension rise in
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in about four years as tension rise in
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in about four years as tension rise in the Middle East.
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the Middle East.
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the Middle East. The increase is linked to growing
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The increase is linked to growing
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The increase is linked to growing military and political pressure
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military and political pressure
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military and political pressure involving Donald Trump, Iran, Israel,
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involving Donald Trump, Iran, Israel,
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involving Donald Trump, Iran, Israel, and the United States. The situation is
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and the United States. The situation is
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and the United States. The situation is raising fears that key oil supply routes
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raising fears that key oil supply routes
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raising fears that key oil supply routes in the region could be disrupted which
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in the region could be disrupted which
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in the region could be disrupted which is already shaking global energy
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is already shaking global energy
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is already shaking global energy markets.
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markets.
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markets. Speaking about the situation,
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Speaking about the situation,
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Speaking about the situation, present US President Donald Trump
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present US President Donald Trump
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present US President Donald Trump defended Washington's tough position on
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defended Washington's tough position on
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defended Washington's tough position on Iran, saying strong action is necessary
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Iran, saying strong action is necessary
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Iran, saying strong action is necessary to limit Thran's influence and military
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to limit Thran's influence and military
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to limit Thran's influence and military activities in the region. As tensions
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activities in the region. As tensions
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activities in the region. As tensions continue to rise, energy markets are
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continue to rise, energy markets are
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continue to rise, energy markets are reacting quickly because the Middle East
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reacting quickly because the Middle East
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reacting quickly because the Middle East remains one of the world's most
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remains one of the world's most
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remains one of the world's most important oil producing regions.
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important oil producing regions.
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important oil producing regions. Major oil producers including members of
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Major oil producers including members of
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Major oil producers including members of organization of the petroleum exporting
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organization of the petroleum exporting
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organization of the petroleum exporting countries are closely watching the
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countries are closely watching the
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countries are closely watching the situation as uncertainty grows. If the
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situation as uncertainty grows. If the
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situation as uncertainty grows. If the crisis escalates further, experts warn
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crisis escalates further, experts warn
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crisis escalates further, experts warn it could disrupt oil shipments through
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it could disrupt oil shipments through
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it could disrupt oil shipments through key routes and push global prices even
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key routes and push global prices even
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key routes and push global prices even higher.
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higher.
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higher. For countries like Nigeria, higher oil
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For countries like Nigeria, higher oil
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For countries like Nigeria, higher oil prices could mean more revenue from
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prices could mean more revenue from
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prices could mean more revenue from crude exports. However, across the
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crude exports. However, across the
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crude exports. However, across the world, it could also lead to higher fuel
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world, it could also lead to higher fuel
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world, it could also lead to higher fuel prices, rising transportation cost, and
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prices, rising transportation cost, and
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prices, rising transportation cost, and increased inflation.
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increased inflation.
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increased inflation. For more breaking stories and trusted
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For more breaking stories and trusted
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For more breaking stories and trusted updates across Africa and the world,
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updates across Africa and the world,
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updates across Africa and the world, don't forget to like this video,
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don't forget to like this video,
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don't forget to like this video, subscribe to Selling Media Africa, and
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subscribe to Selling Media Africa, and
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subscribe to Selling Media Africa, and turn on notifications so you never miss
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turn on notifications so you never miss
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turn on notifications so you never miss an important update. Reporting for you,
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an important update. Reporting for you,
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an important update. Reporting for you, I'm Susan Danielle.
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I'm Susan Danielle.
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I'm Susan Danielle. >> We must unite now. We must have one
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>> We must unite now. We must have one
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>> We must unite now. We must have one army. We must have one currency. We must
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army. We must have one currency. We must
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army. We must have one currency. We must have one foreign policy. We must be
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have one foreign policy. We must be
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have one foreign policy. We must be united.
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united.
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united. [music]
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[music]
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[music] And I can hear the Osakia for saying I
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And I can hear the Osakia for saying I
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And I can hear the Osakia for saying I do not want to be the leader of that
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do not want to be the leader of that
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do not want to be the leader of that country. [music] I simply want unity.
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country. [music] I simply want unity.
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country. [music] I simply want unity. And I'm saying that we must leave here
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And I'm saying that we must leave here
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And I'm saying that we must leave here with one united government. They listen
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with one united government. They listen
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with one united government. They listen not to the Osag.
#Politics
#World News