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April 1, 2020, 2:31 p.m. EDT

Trump warns of ‘heavy price’ if Iran attacks U.S. troops in Iraq

‘Sneak attack’ planned, president says — without citing details

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By Robert Schroeder, MarketWatch


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President Donald Trump warned of a ‘heavy price’ if Iran attacks U.S. troops in Iraq

President Donald Trump warned Iran on Wednesday against attacking U.S. troops or assets in Iraq, saying the Islamic Republic would pay a “heavy price” for such a move.

“Upon information and belief, Iran or its proxies are planning a sneak attack on U.S. troops and/or assets in Iraq,” Trump wrote on Twitter. “If this happens, Iran will pay a very heavy price, indeed!” he said, without providing more details.

Trump’s tweet came as the Wall Street Journal reported he is set to meet Friday with the heads of some of the largest U.S. oil companies to discuss government measures to help the industry weather an unprecedented oil /zigman2/quotes/209724760/delayed CLK20 -8.67%   crash. Among those expected to attend are the chief executives of Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM +0.95%   and Chevron Corp. /zigman2/quotes/205871374/composite CVX +0.91% , the Journal wrote.

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/zigman2/quotes/209724760/delayed
US : U.S.: Nymex
$ 10.01
-0.95 -8.67%
Volume: 0.00
April 21, 2020 2:29p
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/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 45.47
+0.43 +0.95%
Volume: 25.89M
May 29, 2020 4:00p
P/E Ratio
17.08
Dividend Yield
7.65%
Market Cap
$192.26 billion
Rev. per Employee
$3.93M
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/zigman2/quotes/205871374/composite
US : U.S.: NYSE
$ 91.70
+0.83 +0.91%
Volume: 17.02M
May 29, 2020 4:00p
P/E Ratio
45.32
Dividend Yield
5.63%
Market Cap
$171.20 billion
Rev. per Employee
$3.27M
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Robert Schroeder is the White House reporter for MarketWatch. Follow him on Twitter @mktwrobs.

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