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US and Israel Strike Iran Amid Tensions
Israel and the United States carried out strikes on Iran recently. Over 100 people were killed.
Trump set a deadline for Iran to reopen the Strait of Hormuz by April 6. Trump said Iran's oil could be taken.
He also threatened to destroy bridges and power plants. Oil prices rose to $126 per barrel during the strikes. Trading on Wall Street was slow.
Klear Note — The Strait of Hormuz is a shipping channel between Iran and Oman. About one-third of world's oil passes through it daily. Higher oil prices affect gas costs at US pumps.