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Brent crude hits $116 a barrel after Trump says he wants to ‘take the oil in Iran’

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Donald Trump told the FT: ‘Maybe we take Kharg Island, maybe we don’t. We have a lot of options.’ Photograph: Nathan Howard/Getty Images

The price of oil has risen sharply to $116 a barrel after Donald Trump said he wanted to “take the oil in Iran”, sending Asian stock markets tumbling. Read More

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