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Oil prices rise as Trump warns of ‘very hard’ strikes against Iran

City A.M. | London's Business Newspaper - News, Opinion, & Anal… June 11, 2026
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President Trump has escalated his threats against the Iranian regime, announcing on social media that the US will hit Iran “very hard” tonight if a peace deal cannot be reached. In a post on his Truth Social platform, the US President suggested that American forces could take Kharg Island, a crucial oil export artery for [...]

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