President Donald Trump said he ordered the U.S. Navy to find and interdict any ship in international waters that has paid a toll to Iran to transit the strait.
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Crude oil prices surged on Sunday, as the U.S. Navy prepares to impose a blockade on Iran’s ports after peace talks failed over the weekend.
U.S. crude oil
futures for May delivery jumped nearly 8% to $104.20 per barrel by 6:13 p.m. ET. International benchmark Brent
for June delivery advanced 7% to $101.86.
Oil jumps above $100 as US to blockade Iranian ports after peace talks fail
Oil price tops $100 a barrel after US-Iran talks fail and Trump orders strait of Hormuz blockade
Oil prices surge past $103 a barrel after US announces blockade of Iran
Oil Prices Climb And Global Markets Decline As U.S. Prepares For Blockade Of Iran's Ports
Oil Prices Rise After The US Says It Would Block Iranian Ports Starting Monday
Oil prices back up as Trump blockades Strait of Hormuz - UPI.com
Oil prices plunge after cease-fire, Hormuz Strait reopening announced - UPI.com
