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Business

Oil prices rise 2% after Treasury Secretary says U.S. will collapse Iran with economic pressure

CNBC · August 20, 2026 at 12:41 PM

Oil prices rise 2% after Treasury Secretary says U.S. will collapse Iran with economic pressure

Oil moved higher early Thursday after U.S.

President Donald Trump sharpened his rhetoric against Iran.

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

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