Oil jumps after Donald Trump’s remarks dash hopes of end to war
West Texas Intermediate settles at highest since mid-2022 on US president’s threat to hit Iran ‘extremely hard’ Grouped from 7 articles across 6 sources.
One market analyst says Trump warning the Iran war will take 2-3 more weeks, without a plan to reopen the Strait of Hormuz, "was far less than" investors had hoped for. Grouped from 34 articles across 11 sources.
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West Texas Intermediate settles at highest since mid-2022 on US president’s threat to hit Iran ‘extremely hard’ Grouped from 7 articles across 6 sources.
Asian stocks also took a hit after Trump’s speech as most Southeast Asian countries rely heavily on oil imports. Grouped from 2 articles across 2 sources.
Attacks by Israel and the United States continue relentlessly while Iran hits back. Grouped from 6 articles across 5 sources.
During his speech, Trump reiterated that the U.S. objectives in Iran were almost met and said that "we have all the cards" in the conflict.
Fuel shocks from the US-Israel war on Iran are rippling worldwide, as Strait of Hormuz disruptions push prices higher.
Oil prices are surging as the market prepares for a longer U.S. war with Iran after President Donald Trump's national address.