'Will hit Iran's electricity': Primetime Trump gives a crude shock
Published on: April 3, 2026, 12:22 a.m. | Source: The Economic Times
The gains in crude prices followed Trump's rare address to the nation, where he cast the war as a success. The president said the US would hit Iran hard over the next two to three weeks, and that Hormuz would open "naturally" after the conflict ends, without offering details or a clear timeline. French President Emmanuel Macron said it would be unrealistic to use military means to reopen the strait.
