U.S. and Iran trade strikes for second day

The U.S. and Iran exchange fire for a second day with President Trump threatening to increase the intensity of airstrikes. Kuwait and Bahrain suffer retaliatory attacks on U.S. bases while Qatar upgrades its security alertness. Speaking at the NATO summit, President Trump tells CNBC the conflict will not escalate into all-out war, insisting Washington’s objective is to prevent Tehran obtaining a nuclear weapon. Despite Trump’s declaration the MOU with Iran is over, markets remain sanguine. However, Brent nudges closer towards the $80-mark.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.