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US crude on Thursday did something it's never done before as Iran war continues

Published on 04/04/2026 01:48 PM

US crude on Thursday did something it's never done before as Iran war continuesThe market has had the perception that President Donald Trump will quickly end the war.By CNBC Pro | Spencer Kimball  April 4, 2026, 1:48:55 PM IST (Updated)The nearest US crude oil delivery contract traded Thursday at the biggest premium in history over the subsequent month, after President Donald Trump vowed to bomb Iran for weeks.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers