US launches strikes after Trump warns Washington will hit Iran ‘hard’
Financial Times 2026-07-13 21:33:39
Context: The United States has launched airstrikes against Iranian targets, escalating tensions between the two nations. This military action comes after a warning from US President Donald Trump that Washington would hit Iran "hard" in response to any attack. The recent developments have led to an increase in global oil prices.
Key Facts
- The price of Brent crude rose to its highest level in a month following the escalation of tensions between Washington and Tehran.
- The airstrikes were launched by the United States in response to an unspecified provocation or threat from Iran.
- US President Donald Trump had previously warned that the United States would respond forcefully to any Iranian aggression, stating that Washington would hit Iran "hard".