Iran says oil blockade will continue until attacks end, Trump threatens heavier strikes

Iran's Revolutionary Guards said on Tuesday they would not let any oil be shipped from the Middle East ​if U.S. and Israeli attacks continue, prompting President Donald Trump to say the U.S. would hit Iran much harder if it blocked exports.

The rhetoric did little to quell a fall ‌in crude prices and a rally in global shares that followed Trump expressing confidence in a swift end to hostilities, even after Iran showed defiance by naming Mojtaba Khamenei as its new supreme leader.