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Trump Continues Military Action in Iran, Oil Prices Surge

4/3/2026

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Story summary
  • On April 2, 2026, U.S. President Donald Trump announced that the United States will continue military operations against Iran, targeting energy and oil assets.
  • Brent crude rose 4.8% to $106.04 per barrel.
  • Trump said most military objectives had been achieved but did not specify them.
  • He honored the 13 American soldiers who died, and a CNN poll showed only one-third support the action, with 67% doubting Trump's strategy.