Oil plunges 10% as Trump says Iran will be hit 'twenty times harder' if it stops oil flows via Hormuz

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Source: CNBC
Published: 2026-03-10 12:38 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, US Politics, War & Conflict
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Snippet:
Oil prices plunged 10% Tuesday after U.S. President Donald Trump warned that Tehran would be hit "twenty times harder" if it attempted to halt oil flows through the Strait of Hormuz, while also signaling that the conflict with Iran could end soon.
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