1 day ago

Trump Threatens More Iran Strikes as Oil Prices Rise

Trump Threatens More Iran Strikes as Oil Prices Rise
Donald Trump threatens further strikes on Iran; oil prices up by more than 2.5% · businesstoday.in

The United States and Iran exchanged attacks overnight.

Iran fired missiles at two U.S. bases in Jordan.

The United States said it struck Iranian launchers near Larak Island because they posed an immediate threat in the Strait of Hormuz.

President Donald Trump warned that more U.S. action could follow.

He also said the fighting did not mean a full-scale war had restarted.

Videos posted by Trump appeared to show explosions at Kharg Island, but they were made using artificial intelligence.

Iran said no attack happened there and that its oil operations continued.

New U.S. sanctions are aimed at putting more economic pressure on Iran.

Iran’s president said his country preferred a negotiated settlement rather than continuing the war.

Key facts

Oil-price movement
Oil prices rose by more than 2.5% amid the tensions.
U.S. military claim
U.S. forces said they targeted two Iranian launchers posing an imminent threat in the Strait of Hormuz.
Iranian response
Iran fired missiles overnight at two U.S. air bases in Jordan.
Kharg Island videos
Videos posted by Trump showing explosions at Kharg Island were AI-generated, and Iran said no attack occurred.
Sanctions
U.S. Treasury Secretary Scott Bessent said new secondary sanctions would initially focus on banks and could be announced weekly.
Iranian position
President Masoud Pezeshkian said Tehran favored a negotiated settlement.

Quotes

Donald Trump

President of the United States

“We're going to hit them hard”
businesstoday.in
“there will be a response.”
businesstoday.in

Sources

Related news