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Crude oil futures rise as Trump reinstates blockade of Iranian ports
Crude oil futures climb as Trump reinstates a blockade on Iranian ports, significantly impacting shipping costs and market dynamics.
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nbcnews.com
Oil jumps 5% after Trump reimposes Iran blockade
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.
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tass.com
Brent crude jumps over 5% following Trump's pledge to reinstate blockade on Iranian ports
As of 5:21 p.m. Moscow time, Brent crude was up 5.29%, trading at $80.03 per barrel
