Trump Escalates Iran Threats as U.S. Markets Brace for Fallout
U.S. President Donald Trump escalates Iran threats, warning that he could blow the country’s key oil terminal on Kharg Island to “smithereens” as tensions between Washington and Tehran rise again. The warning comes at a sensitive moment for financial markets, with U.S. stock futures moving lower and oil prices jumping as investors assess the risks of a wider conflict. The latest escalation followed U.S. military strikes over the weekend on two Iranian rocket launchers on Larak Island, near the strategically important Strait of Hormuz. According to U.S. Central Command, forces linked to Iran’s Revolutionary Guard were preparing rockets carrying sea mines…