Brent crude rises after Trump Iran warning
The US President Donald Trump's threat to launch a "very strong" strike against Iran caused a sharp rise in oil price indicators, with Brent futures jumping by 6.8% and exceeding $90 per barrel, aimed at supporting the market following the escalation of tensions between Washington and Tehran. This came in response to Iranian attacks targeting US forces in Jordan, where the US military announced intercepting Iranian rockets and Jordanian forces shot down five Iranian rockets. This coincided with military escalation and Trump's statements pledging a strong response to the Iranian attacks, leading to increased market fears of escalating security tensions.
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