Oil Gains Trump Sets New Ultimatum and Escalates Iran Threats

Oil gained as President Donald Trump imposed a fresh deadline on Iran and escalated threats to strike power plants and other infrastructure if the Strait of Hormuz is not reopened.

By Yongchang Chin · Bloomberg Markets

Oil gained as President Donald Trump imposed a fresh deadline on Iran and escalated threats to strike power plants and other infrastructure if the Strait of Hormuz is not reopened.