Oil extends gains as Trump threatens strikes on critical Iranian infrastructure
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Source: CNBC
Published: 2026-07-23 10:18 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Middle East, Military & Defence, Iran, Energy, US Politics, War & Conflict
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Snippet:
Oil prices rose Thursday after U.S. President Donald Trump threatened to bomb Iranian infrastructure in response to any attacks on ships transiting the Strait of Hormuz, raising fears of a further escalation in the conflict that has already disrupted crude supplies.
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