Oil Prices Climb as Iran Threatens U.S. Forces

The Iranian Armed Forces on Monday warned the U. S. it would attack forces that intend to approach or enter the Strait of Hormuz, after U. S. President Donald Trump launched ‘Project Freedom’ to help escort vessels stranded in the Gulf out of the Middle East.

President Trump on Sunday announced that "Project Freedom" would begin on Monday morning, Middle Eastern time. The project will involve the U. S. guiding stranded vessels out of the Strait of Hormuz.