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WTI crude posted its biggest gain in nearly six years; Trump said he’s not concerned, but senior officials say the U.S. government is studying all options to curb prices.

WTI crude posted its biggest gain in nearly six years; Trump said he’s not concerned, but senior officials say the U.S. government is studying all options to curb prices.

The escalation of the Middle East conflict has triggered supply shocks that have terrified the market. U.S. benchmark crude oil futures surged sharply this Thursday, marking the largest single-day closing gain in nearly six years. Faced with the threat of rapidly rising oil prices to inflation and the economy,
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