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Business

Tanker struck in Hormuz, raising worries over escalation, as Trump vows to hit Iran 'hard'

CNBC · August 31, 2026 at 10:05 PM

Tanker struck in Hormuz, raising worries over escalation, as Trump vows to hit Iran 'hard'

Iran launched an attack on two American bases in Jordan on Monday in retaliation for the U.S. attack on its Larak Island.

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