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Brent surges to 4-year high as Trump eyes blockade extension, strikes

Squawk Box Europe Express by CNBC International

Apr 30, 202600:26:51News & Politics

Brent crude oil hits a war-time record of more than $123 per barrel after Axios reports U.S. President Trump is to be briefed on potential further strikes on Iran after rejecting Tehran’s offer to re-open the Strait of H...

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Brent surges to 4-year high as Trump eyes blockade extension, strikes is an episode from Squawk Box Europe Express by CNBC International. Brent crude oil hits a war-time record of more than $123 per barrel after Axios reports U.S. President...

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Published Apr 30, 2026, 00:26:51 long, audio available.

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What is Brent surges to 4-year high as Trump eyes blockade extension, strikes about?

Brent crude oil hits a war-time record of more than $123 per barrel after Axios reports U.S. President Trump is to be briefed on potential further strikes on Iran after rejecting Tehran’s offer to re-open the Strait of Hormuz. The ECB and BoE are both expected to hold rates steady later today, following on from the Federal Reserve’s decision to keep rates steady. Chairman Jerome Powell is likely to have held his final FOMC meeting which saw the highest level of dissent since 1992. U.S. futures are in the red but eh Nasdaq celebrates Big Tech earnings. Meta, however, hikes its capex guidance once more, planning an A.I. spending spree and reports its first-ever quarterly fall in active users. European equities will also start the day on the back foot with the FTSE spared the worst of the sell-off due to the rise in oil prices. See Privacy Policy at and California Privacy Notice at .

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Brent surges to 4-year high as Trump eyes blockade extension, strikes is an episode from Squawk Box Europe Express by CNBC International.

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This episode is 00:26:51 long.

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This episode was published on Apr 30, 2026.

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Brent surges to 4-year high as Trump eyes blockade extension, strikes is from Squawk Box Europe Express by CNBC International.

What are the episode details?

Published Apr 30, 2026 and 00:26:51 long