Oil prices jumped more than 8% on Monday after U.S. President Donald Trump announced the United States would reinstate its blockade on Iran, forcing traders to once again price in the risk of prolonged disruption to energy flows through the Strait of Hormuz.

Oil prices surged by more than 4% after renewed U.S.-Iran hostilities and competing claims over the status of the Strait of Hormuz reignited fears of major supply disruptions.

Trump says the U.S. “will be reimbursed” for helping ships through the Strait of Hormuz. The international oil benchmark, Brent, surpassed $80 per barrel.

Iran says it will not allow Washington to intervene in the Strait of Hormuz

Oil prices jumped more than 8% on Monday after U.S. President Donald Trump announced the United States would reinstate its blockade on Iran, forcing traders to once again price in…

Trump reinstates the Hormuz blockade as oil prices rise above $79. WTI reaching $110 by July 2026 at 2.6% YES.

Oil prices surged as Trump reinstated the Iranian ship blockade. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

Oil prices surge above $80 after Trump announces a 20% charge on cargo in the Strait of Hormuz and reinstates an Iran blockade, raising global supply fears

Brent crude surged 9.6 per cent to close at US$83.30 per barrel on July 13. Read more at straitstimes.com. Read more at straitstimes.com.

HOUSTON: Oil prices jumped more than 9 per cent on Monday after Donald Trump said the US was reinstating a naval...

Oil prices climbed to their highest level in four weeks on Tuesday after the United States reinstated a naval blockade on Iran and intensified military strikes, while Tehran…

Brent crude surged 9% to $83 per barrel after Trump reinstated a naval blockade on Iran. Here's what the oil spike means for crypto and risk assets.

Crude oil futures climb as Trump reinstates a blockade on Iranian ports, significantly impacting shipping costs and market dynamics.

Prices have now climbed to their highest levels since US and Iran signed memorandum of understanding aimed at ending conflict

Oil prices climbed over 2% after U.S

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Oil prices surged after Trump's threats on shipping through the Strait of Hormuz. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

Trump reimposes naval blockade on Strait of Hormuz, sending Brent crude past $85. Here's what it means for oil prices, inflation, and crypto markets.