Oil Price Today (April 6): Crude oil reclaims $110 as Trump warns of hitting Iran’s power plants. Where are prices headed?

April 6, 2026

Oil prices are climbing due to worries about supply disruptions in the Middle East. The ongoing conflict involving Iran and the U.S. is impacting market sentiment. Experts predict prices could reach $150 per barrel if tensions persist. The Strait of Hormuz closure is a key concern for global supply chains.

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Gold below Rs 1.5 lakh, silver down Rs 2,000 on dollar strength, Trump’s power plant threat to Iran. What should investors do?

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