Rekindled U.S.-Iran Conflict Sends Crude Futures Higher
Oil futures jumped as the U.S. reinstated its Iranian blockade and Iran said it has again closed the Strait of Hormuz.
Oil Surges Most Since 2020, Reflecting Bet That Strait Won't Go Back to Normal
The international crude price climbed nearly 10% as President Trump said he would reimpose the U.S. blockade.
Trump Says He Is Reimposing the U.S. Blockade of Iran









