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The president had issued a deadline of 8 p.m. Eastern time for Iran to open up the Strait of Hormuz, pledging destruction by midnight if leaders don't comply.
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Oil prices jumped and stocks tumbled Tuesday after the U.S. launched fresh strikes on Iran's Kharg Island and Trump's deadline for Hormuz to reopen approached.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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Treasury yields were relatively unchanged on Tuesday as President Donald Trump again warned the U.S. would strike Iranian civilian and energy infrastructure.
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The president indicated he would ask an unnamed media outlet to reveal the sources behind its coverage of Iran's successful strike on a U.S. fighter jet, and of its crew.
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