Oil prices rise as US, Iran test truce with strikes
Oil prices climbed, and stocks across Asia fell on Friday after the United States said it had struck Iranian military sites in retaliation for Iran firing on U.S. warships in the Strait of Hormuz.Despite the exchange, President Donald Trump insisted the ceasefire remained intact. But he also issued a stark warning to Iran, urging it to accept the American peace agreement quickly and suggesting that if the truce collapsed, the consequences would be dire. Iran, he said, would become “one big...
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