The move comes after Washington initiated wider investigations in recent months into several trading partners, including China, the European Union and Japan

Iran responded by launching missile and drone attacks against US-linked military facilities in the Gulf region, citing Islamic Revolutionary Guard Corps (IRGC) that targets included the headquarters of the US Fifth Fleet in Bahrain as well as other military installations in the region.

Brent crude futures declined by 75 cents, or 0.79%, to $94.23 per barrel at 0434 GMT, while US West Texas Intermediate (WTI) dropped 85 cents, or 0.92%, to $91.31 per barrel.

US president angrily criticises Netanyahu during conversation, accusing him of escalating situation in Lebanon and using strong language, including calling him “crazy” and questioning Israel’s conduct