U.S. Crude Oil Futures Rise Above $90 for the First Time Since Late July

September 2nd, according to Bitget market data, WTI crude oil futures surged to $90 per barrel, the first time since the end of July, with a intraday gain of 4.28%.

On the news front, Trump stated that the US is taking action against Iran, warning that if Iran dares to retaliate, the country will be left with little. In response, the Iranian Revolutionary Guard and Armed Forces issued a strong statement: "We will surely deliver a response several times over, conducting a devastating strike against US troops and striking US military bases with great precision."