Inquirer
HONG KONG, China — Oil prices rose Tuesday while equities were mixed as investors assessed Donald Trump’s latest deadline for Iran to reopen the strategic Strait of Hormuz or be “decimated”. As the Middle East war entered its sixth week, the US president warned Tehran that its civilian infrastructure would be destroyed if it did not let ships through the waterway, through which a fifth of global crude and gas passes. The remarks came as he and the Islamic republic said a proposal touted by international mediators for a 45-day ceasefire was not yet ready. Trump told a news conference […]... Keep on reading: Oil prices rally, Asian stocks mixed after Trump's latest Iran threat
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