Prices jumped on concerns that U.S. tariffs against its major trade partners could disrupt supplies and raise prices at the pump.

Oil prices jumped in early trade after U.S. President Trump imposed hefty tariffs on major trading partners, raising fears of supply disruptions. Brent crude was up 1.3% to $76.64 a barrel, while WTI rose 2.

The US crude benchmark outpaced gains in other oil markets after President Donald Trump announced tariffs that threaten flows from two of America’s biggest foreign suppliers.

President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as planned after a 30-day delay. Analysts told The Hill that the 10 percent tariff set to be imposed under an executive order Trump signed over the weekend would lead to a pricing bump,