Trump calls for producers to pump more oil amid Iran shipping lane fears

Trump calls for producers to pump more oil amid Iran shipping lane fears

President Donald Trump. Picture: Carlos Barria/Pool via AP

President Donald Trump called for the US and other oil-producing economies to pump more oil as crude prices remain volatile following strikes on Iranian nuclear facilities.

Mr Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a vital oil and gas shipping lane, in retaliation for the US strikes on Iran’s nuclear programme.

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