Fuel prices rise again ahead of Trump's doom-laden deadline to Iran

Fuel prices rise again ahead of Trump's doom-laden deadline to IranOil prices globally - and fuel prices for UK motorists - have risen again as the world awaits the outcome of Donald Trump's latest apocalyptic warning to IranMoneyGraham Hiscott Business and Consumer Editor16:13, 07 Apr 2026View 4 ImagesDonald Trump declared Iran's "whole civilisation will die to tonight" unless it ends the war(Image: AFP via Getty Images)Global oil prices rose ahead of Donald Trump’s doom-laden deadline to Iran.‌The US President, writing on the Truth Social platform, warned “a whole civilisation will die tonight, never to be brought back again”, unless Tehran lifted the threat of attacks on ships through the Strait of Hormuz.‌His deadline of 8pm Eastern time would be around 1am on Wednesday morning UK time. It came as US forces struck military targets on Iran’s oil export hub of Kharg Island. Trump ultimatum centred on Iran’s power plants and other infrastructure.‌Brent crude rose to $110 a barrel by mid-afternoon on Tuesday. Meanwhile, US West Texas Intermediate crude was close to a four-week high at $115.3 a barrel.View 4 ImagesUS President Donald Trump has issued another ultimatum to IranStock markets were also jittery while investors waited to see what happened, and if Trump would extend his self-imposed cut-off time. By late in the day, the UK’s FTSE 100 had tumbled more than 80 points, wiping £19billion off the value of the companies listed on it.‌The Strait, through which about a fifth of global oil supply is normally shipped, has effectively been shut since US and Israeli attacks began on February 28.Strikes on Iran intensified on Tuesday, including attacks on railway and road bridges, an airport and a petrochemical plant, and power lines, according to Iranian media.Axel Rudolph, Chief Technical Analyst at investing and trading platform IG, said: "Markets remained on edge as the clock ticked down to President Donald Trump’s deadline for Iran to...