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US military carried out fresh strikes in the Strait of Hormuz. Trump vowed stronger strikes if Iran retaliates. The wrap also cites potential Iran bank sanctions this week, Barr on higher rates, and funding to avert a shutdown.
U.S. strikes on Iranian targets near the Strait of Hormuz sent Brent above $95 and WTI over $90, while USO and BNO rallied and defense contractors slipped.
Bitcoin and Ethereum slid Tuesday after Trump said the U.S. was striking Iranian targets near the Strait of Hormuz and warned of a larger attack to come.
Trump said he would rule out using a nuclear weapon against Iran and warned the U.S. would respond forcefully after Iranian retaliation.
U.S. Central Command forces said they struck Iran at 7:15 p.m. ET Saturday, the third such strike this week, after Islamic Revolutionary Guard Corps forces attacked a container ship in the Strait of Hormuz. CENTCOM Details Tanker Attack, Hegseth Responds CENTCOM said in an X post that IRGC “forces blatantly attacked M/
() -- Crude oil prices rose more than 5% Wednesday as President Donald Trump threatened additional strikes against Iran tonight, saying the ceasefire with Tehran was over. West Texas Intermediate climbed 5.3% to $74.19 a barrel, while Brent gained 5.8% to $78.43. The US struck Iran on Tuesday after Tehran attacked thre
() -- US President Donald Trump warned of further US strikes on Iran on Wednesday night, according to media reports. Addressing reporters at the NATO summit in Turkey before his meeting with Ukrainian President Volodymyr Zelenskiy, Trump said the US was going to hit Iran hard on Wednesday night. Earlier in the day, Tru