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The Economic Times

Economy / The Economic Times

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'Will hit Iran's electricity': Primetime Trump gives a crude shock

The gains in crude prices followed Trump's rare address to the nation, where he cast the war as a success. The president said the US would hit Iran hard over the next two to three weeks, and that Hormuz would open aturally after the conflict ends, without offering details or a clear timeline. French President Emmanuel Macron said it would be unrealistic to use military means to reopen the strait.

3 Apr 2026 12:22 am