Trump threatens further action as US and Iran exchange fire in new flare-up
The US and Iran have exchanged fire for the first time in a month, with missiles and drones fired at Iranian rocket launchers on an island in the strait of Hormuz, and Iran targeting US military bases in Jordan and the United Arab Emirates in response. The US president, Donald Trump, on Monday threatened further […]
On Monday, US President Donald Trump vowed to hit Iran hard in response to the first exchange of fire between the two nations in weeks. The conflict, now in its sixth month, escalated following US strikes on an Iranian island in the Strait of Hormuz, with Iran retaliating by targeting US military installations in the Middle East.
Oil prices climbed higher as renewed tensions heightened fears of disruptions to energy flows through the Strait of Hormuz, with West Texas Intermediate trading above $86 and Brent settling near $90. Treasury Secretary Scott Bessent pledged to maintain a pressure campaign targeting Iran's economy.
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