Oil extends gains as Trump threatens strikes on critical Iranian infrastructure

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Oil extends gains as Trump threatens strikes on critical Iranian infrastructure

AI Summary

Oil prices increased after U.S. President Donald Trump threatened to strike critical Iranian infrastructure in retaliation to any attacks on ships passing through the Strait of Hormuz, escalating tensions in the region.

Oil prices rose after U.S. President Donald Trump threatened to bomb Iranian infrastructure in response to any attacks on ships transiting the Strait of Hormuz.

World Security Conflict Politics Markets Commodities Energy Shipping oil prices Donald Trump Iran Strait of Hormuz infrastructure strikes geopolitical tensions

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