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Trump Vows Bombing Iran After Missile Attack, Oil Jumps

7/23/2026

39 9 Full Breakdown

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Story summary
  • U.S. President Donald Trump warned he would bomb Iranian infrastructure if Iran attacks ships in the Strait of Hormuz.
  • Brent futures rose 2% to $95.99 per barrel and U.S. WTI to $88.27 per barrel.
  • The UAE defence ministry said the VLCC Mobassa B was hit by Iranian cruise missiles.
  • An Iranian source warned Iran would strike U.S.-linked infrastructure if Washington bombed a bridge or power plant.