Trump again resorts to profanity, says he will "beat up Iran"... oil prices surge

[Financial News] Donald Trump, the president of the United States, lashed out at Iran on Friday, using profanity again for the first time in about three months. Brent crude prices in the global oil market also climbed back above $90 per barrel amid renewed fears of a fresh clash between the United States and Iran.
In a phone interview with Fox News on the 29th local time, Trump used profanity and said, "We're going to beat the f------ s--- out of them," adding, "They're going to get the hell beat out of them." He had also posted a similar message on Truth Social in early April, when Iran moved to block the Strait of Hormuz, writing, "Open the damn strait, you crazy people."
The IRGC said the previous day that it had launched ballistic missile strikes on a U.S. Air Force base and a central command post in Jordan. The base is believed to be Muwaffaq Salti Air Base in Jordan Azraq. Three U.S. service members were killed there in an Iranian attack on the 17th. CENTCOM, which oversees U.S. operations in Iran, said in a statement the same day that it had intercepted all long-range strikes launched by Iran. It also said it had attacked pro-Iranian militias operating in Iraq together with Saudi Arabia.
In the interview on the 29th, Trump stressed, "We will hit them hard. They, Iran, are going to get hit." He also said the Iraq operation had been coordinated with the local government and called the militia in question "a cancer." At the same time, he hinted at additional strikes targeting Iran's proxy forces in the Middle East.
Iran's military actions continued on the 29th as well. The British maritime security firm Ambrey said in a statement that a drone attack had sparked a fire at an LNG storage and transport facility at Damietta Port in Egypt. AP reported that a U.S.-owned floating storage unit and a Greek-owned vessel along the Mediterranean Sea were damaged.
When asked at The White House on the afternoon of the 29th whether the strike on the U.S. LNG facility was linked to Iran, Trump said he had been briefed on the matter. "It's a little more of the same kind of thing, but the situation will be sorted out soon," he said. "In the meantime, we will hit them very hard."
Referring to Iran's attempted missile launches at U.S. bases in the Middle East the previous day, Trump also said, "Now it's our turn." He added, "We'll see whether we reach a deal with them at some point, but we are going to hit them very hard."
When asked whether he was considering withdrawing U.S. troops exposed to Iran's long-range strikes, Trump replied, "No. We are not going to do that," adding, "We are going to hit them very hard. I can say that openly because there is very little they can do about it."
He also said, "That was done by a different group than the one we are negotiating with, and they, Iran, have already apologized," but added, "We need to teach them a lesson."
Meanwhile, Brent crude futures for September delivery traded on the ICE rose 7.73% from the previous session to $90.59 per barrel. West Texas Intermediate crude oil futures for September delivery in the U.S. market also rose 6.78% to $84.63 per barrel.
Ryan McKay, chief commodities strategist at TD Securities in Canada, said, "The market reacted too quickly to the expectation that peace would return." He added, "That is even more true given that Iran is sticking to its position that it will control the Strait of Hormuz, regardless of any future agreement."



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