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Trump Says Will Launch "Extremely Severe" Strikes on Iran in Coming Weeks; Intl Oil Prices Up About 3%, DJIA Futures Slide
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US President Donald Trump delivered a national address on the situation in Iran, stating that the "epic rage operation" against Iran had achieved an overwhelming victory. He said the US would launch extremely severe strikes on Iran within the next two to three weeks, urging countries that rely on the Strait of Hormuz for oil transportation to show "long-overdue courage" in resolving the issue. The US would provide assistance, but other countries should take the leading role. During Trumps speech, international oil prices rose. Brent oil futures climbed 3.7% to USD104.9 per barrel, while New York oil futures gained 2.49% to USD102.61 per barrel. US stock index futures came under pressure, with DJIA futures falling 256 points or 0.55% to 46,541. S&P 500 futures and Nasdaq futures declined 0.69% and 0.89%, respectively. Trump acknowledged the rise in US gasoline prices but described it as a "short-term increase" caused by Irans belligerent actions. He reiterated that if Iran does not reach an agreement, the US will strike Irans power plants. He predicted that once military operations against Iran conclude, the US will be "safer, stronger, more prosperous and greater" than ever before, gasoline prices will fall rapidly, and stock prices will rebound swiftly. (mn/a) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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