Oil prices edge higher after Trump says Iran will pay for killing U.S. service members

Oil prices edged higher after President Trump said Iran would pay for killing U.S. service members, CNBC US Top News reports. According to the outlet, the U.S. has now bombed Iran for nine consecutive nights, retaliation for repeated attacks on oil tankers transiting the Strait of Hormuz, one of the world's most critical shipping routes for crude.

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