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Iran live updates: Trump says oil prices will drop 'when we WIN the war'
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Key Points:
- President Donald Trump predicted that oil prices will "drop precipitously" to below $2 per gallon once the U.S. wins the ongoing conflict with Iran, emphasizing that Iran will never acquire a nuclear weapon.
- Oil prices reached a six-week high amid rising tensions, with U.S. oil trading at $92.63 per barrel and global oil nearing $100 per barrel.
- The Iranian Foreign Ministry warned South Korea against participating in U.S. military actions in the Strait of Hormuz, cautioning that such involvement would be seen as complicity in aggression and could worsen regional security.
- Iran's parliament speaker, Mohammad Bagher Ghalibaf, responded to U.S. threats by highlighting the vulnerability of oil and gas infrastructure in the region and warned that attacks on Iranian assets would provoke retaliatory strikes on American facilities.
