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Oil Prices Jump to About $110 a Barrel After Trump's Iran Comments; End to DHS Shutdown in Sight

Oil Prices Jump to About $110 a Barrel After Trump's Iran Comments; End to DHS Shutdown in Sight

NTD News Today · NTD News Today

April 2, 202645m 2s

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Show Notes

Oil prices climbed to around $110 a barrel on April 2 after President Donald Trump said the United States would continue attacks on Iran. And the United Kingdom is hosting a virtual meeting of around 40 countries to discuss options for reopening the Strait of Hormuz. The United States is not due to attend.

An end to the longest Department of Homeland Security (DHS) shutdown in history is on the horizon. Trump and congressional GOP leaders have rallied behind a two-pronged approach to bypass Senate Democrats on immigration funding. Lawmakers will fund the DHS through regular order, but remove funding for Immigration and Customs Enforcement and Customs and Border Protection. Those will be handled in a second party-line bill using a budget process that will allow passage without support from Democrats.