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Trump warns Iran of strikes; oil prices rise
in5points
US launched a fourth straight round of strikes near the Strait of Hormuz, targeting missile/drone sites, naval capabilities, and coastal defence systems.
President Donald Trump imposed a naval blockade on Iranian ports, effective 4 pm ET on July 15.
Iran's IRGC claimed to have hit US airbases, supply centres, and plane hangars in Bahrain, Kuwait, and Jordan.
Trump warned of hitting Iran's power plants and bridges 'next week'.
Oil prices climbed amid fears of disruption to global energy supplies.
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