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Oil Prices Surge Past $100 as Trump Announces Hormuz Blockade Amid Fragile Iran Ceasefire

NEW YORK — Global oil prices jumped sharply Monday as President Donald Trump ordered a U.S. naval blockade of the Strait of Hormuz, reigniting fears of prolonged supply disruptions in the world's most critical energy chokepoint.

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Oil Prices Surge Past $100 as Trump Announces Hormuz Blockade Amid Fragile Iran Ceasefire

NEW YORK — Global oil prices jumped sharply Monday as President Donald Trump ordered a U.S. naval blockade of the Strait of Hormuz, reigniting fears of prolonged supply disruptions in the world's most critical energy chokepoint.

NEW YORK — Global oil prices jumped sharply Monday as President Donald Trump ordered a U.S. naval blockade of the Strait of Hormuz, reigniting fears of prolonged supply disruptions in the world's mos…

Originally published by Ibtimes.com.au. Read the full article →

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