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    Oil rallies, stocks tumble as Trump says US to hammer Iran further

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    Source: The Manila Times
    Published: 2026-04-02 17:18 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Business, Middle East, Iran, Energy, China, World News, US Politics, Business & Economy
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    Snippet:
    HONG KONG — Oil prices spiked and stocks sank on Thursday after Donald Trump reiterated that US forces would hammer Iran for another two to three weeks but offered no solution to the closure of the Strait of Hormuz that has crippled global markets.
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