The Latest: Oil prices surge, stocks waver with Trump offering no clear end to war
President Donald Trump has announced that US forces will continue to hit Iran hard over the next few weeks, despite claiming that military objectives have been met. The conflict has led to a surge in oil prices and disruptions to global energy supplies, with Gulf nations backing a UN resolution to guarantee shipping through the Strait of Hormuz.
US forces will continue to target Iran over the next few weeks. The conflict has caused oil prices to rise and stocks to fall. Gulf nations are backing a UN resolution to ensure shipping through the Strait of Hormuz. The US has threatened to attack Iran's energy infrastructure if the strait is not reopened. Iran's oldest medical research institution has been hit, with widespread condemnation. The conflict is also affecting global food costs due to higher fuel prices.
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