Brisbane Times ·general ·5 hours ago

Trump vows to maintain pressure on Iran through ‘incredible’ blockade

President Donald Trump said Wednesday he would maintain a naval blockade of Iranian ports, declaring Iran's economy is "crashing." Brent crude initially surged to $126 per barrel before settling near $114 as traders assess prolonged Strait of Hormuz closure risks. Analysts suggest Trump may escalate military action within two weeks if negotiations.

Summary by Glance · Brisbane Times

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