Oil prices climbed and stocks across Asia fell on Friday after the United States said it had struck Iranian military sites in retaliation for Iran firing on U.S. warships in the Strait of Hormuz.
Despite the exchange, President Trump insisted the cease-fire remained intact. But he also issued a stark warning to Tehran, urging it to accept the American peace agreement quickly and suggesting that if the truce collapsed, the consequences would be dire. Iran, he said, would become “one big glow.”
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