Wire flash
Trump: renewed bombing of Iran will not last long; Brent crude dips to $95
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Former President Donald Trump stated that America's renewed bombing campaign against Iran would not last 'too long,' following U.S. strikes on Iranian military sites. In retaliation, Iran launched missiles and drones at American targets across the region, though reports indicate most were intercepted. The price of Brent crude oil subsequently fell slightly to $95 per barrel, reflecting market reactions to the conflict's limited scope as suggested by Trump's remarks. The exchange highlights ongoing tensions between the U.S. and Iran, with military actions and economic impacts intertwined.
Source report
Washington — Former President Donald Trump stated that America's renewed bombing campaign against Iran would not last "too long," following a series of military exchanges between the two nations.
Market Reaction
The price of Brent crude oil fell slightly to $95 per barrel in response to Trump's comments.
Military Developments
- The United States earlier struck Iranian military sites.
- Iran retaliated by launching missiles and drones at American targets across the region.
- Reports indicate that most of the Iranian projectiles were intercepted.
Source
Ajay_BaggaNeutral / independent
Part of this Story
U.S.-Iran military strikes push Brent crude above $90, threatening $100 oil