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Trump Threatens Military Action as Oil Prices Surge

4/4/2026

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Trump Threatens Iran
  • U.S. President Donald Trump has threatened military action against Iran's oil infrastructure as Brent crude rises to $109 per barrel, up 56% in the past month.
  • The U.S. Department of Energy plans to release 10 million barrels from the Strategic Petroleum Reserve to mitigate rising costs.
  • Gas prices are above $4 nationwide.
  • Analysts warn sustained high prices could trigger inflation and a recession.
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