Trump warns Iran will be hit 'very hard' as oil jumps nearly $3 a barrel
Trump's conditional threat to hit Iran 'very hard' pushed Brent up nearly three dollars a barrel, but the move reflects something larger: a market no longer certain whether the fourteen-point draft memorandum circulating between Washington and Tehran is a deal, a delay, or a renewed war.
Desk note: Monexus framed this story around the divergence between Trump's conditional threat and Araghchi's insistence that the memorandum is close but incomplete, instead of running the wire's strike-or-no-strike binary. The wire emphasised the inflammatory Trump quote; we anchored on what the oil tape was actually pricing.
Follow the event.
These dated source records provide context. They do not retrospectively verify this archive article.
Separate what the nuclear watchdog reported from what it could not determine after the June 2025 strikes.