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💰 Business10 March 2026·2 min read·

Oil prices fall as Trump threatens Iran over Strait of Hormuz blockade

Source: newzimbabwe

Global oil prices fell on Tuesday after US President Donald Trump warned Iran against blocking the Strait of Hormuz, a critical shipping route for global energy supplies. Trump threatened that any Iranian interference would be met with retaliation 'twenty times harder' from the United States. The warning rattled energy markets, pushing crude prices lower amid heightened geopolitical uncertainty.

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