Trump Threatens to Bomb Iran Power Plants as Oil Prices Surge While the Strait Remains Shut

Donald Trump threatened to bomb Iranian power plants and bridges on Tuesday unless Tehran reopens the strategic Strait of Hormuz.Global oil prices surged following the ultimatum with Brent crude reaching 111 dollars while West Texas Intermediate climbed toward 115 dollars.The ongoing six-week conflict involving Israel and the USA has pushed gasoline prices above four dollars per gallon and forced airlines to cancel flights.
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