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Trump Threatens Iran as Oil Jumps 8% and Stocks Plunge

Guavy AI Editorial Team
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BTC
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US President Donald Trump threatened to respond 'very hard' after Iran fired missiles at US forces in Jordan, prompting a surge in oil prices and a decline in stocks.

The Brent crude price rose nearly 8% as traders priced in renewed risks to Middle East supplies. The Dow fell 2.14%, while the S&P 500 and Nasdaq also closed sharply lower.

Bitcoin briefly recovered to $64,435 after the Federal Reserve left interest rates unchanged. Trump vowed retaliation during comments at the White House, saying 'So it's our turn. We're going to hit them very hard.'

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