Oil jumps over 5% after Trump says deal with Iran 'over'

Oil prices jumped more than 5% on Wednesday, hitting a two-week high after US President Donald Trump said the ‌memorandum of understanding to end the conflict with Iran was "over", renewing fears of disruptions to Middle East oil supplies. Brent crude futures gained $3.82, or 5.15%, hitting $77.98 a barrel at 0832 GMT, while US West Texas Intermediate crude climbed $3.70, or 5.25%, to $74.14 a…