Oil plunges 10% as Trump warns to hit Iran 'twenty times harder' if it blockades Strait of Hormuz
Oil prices plunged after Trump warned that Tehran would be hit "twenty times harder" if it attempted to halt oil flows through the Strait of Hormuz.
Last updated: 2026-03-10 05:44:37 ET
Oil prices plunged after Trump warned that Tehran would be hit "twenty times harder" if it attempted to halt oil flows through the Strait of Hormuz.
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Roughly 20% of global LNG flows through the Strait.
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