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Oil costs bounce, shares fall after Trump speech

greater by greater
April 2, 2026
Reading Time: 3 mins read
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Oil costs bounce, shares fall after Trump speech


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US President Donald Trump speaks during a televised address on the conflict in the Middle East, at the White House in Washington, DC,
Trump urged international locations that depend on oil by way of the Strait of Hormuz to ‘seize and cherish it’Picture: Alex Brandon/AFP

President Donald Trump addressed the American people on Wednesday evening to transient the nation on the battle in Iran.

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