Inside Trump's search for a way out of Iran war
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The White House insists the president is dictating events, but even some Republicans are frustrated by mixed messaging about his war aims.
Stocks were volatile and oil prices soared Thursday as investors monitored developments in the Middle East and digested President Donald Trump’s pledge to intensify the war with Iran.
Stocks fell on Thursday, while oil prices surged more than 8% after President Trump vowed to continue strikes on Iran and offered no new plan to reopen the Strait of Hormuz. The S&P 500 sank 25 points,
President Donald Trump said U.S. forces will keep hitting Iran “extremely hard over the next two or three weeks” and bring the country “back to the Stone Ages,” even though he argued that all of his administration’s military objectives have been met or exceeded.
The price of oil surged while stocks retreated fter U.S. President Donald Trump's address stoked fears the Iran war could be about to get a lot worse.