A new Congressional Budget Office analysis estimates President Donald Trump’s “Golden Dome” missile defense plan will cost about USD 1.2 trillion over two decades. The figure is far higher than what was initially presented, underscoring the scale of funding required for the proposed system aimed at protecting the United States.
Global oil prices climbed about 3% on Wednesday, pushing Brent crude to a one-month high near $114.59. The move followed reports that U.S. President Donald Trump plans to extend the blockade of Iranian ports, which could further prolong supply disruptions. Traders are watching Middle East output and shipping routes closely for fresh signals.
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