Oil up over 7% to above $100 ahead of US blockade on Iran

RTE — Apr 13, 06:11 AM

Oil prices climbed above $100 a barrel today as the US Navy prepared to block ships to and fromIran via the Strait of Hormuz, a move that could restrict Iranian oil exports, after Washington and Tehran failed to reach a deal to end the war.

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Trump orders naval blockade

US to blockade Iran's ports, as Trump says he 'doesn't care' if Tehran returns to peace talks ITV — Apr 13, 06:28 AM
Oil price rises back over $100 a barrel after Trump announces naval blockade of strait of Hormuz – business live The Guardian — Apr 13, 06:14 AM
Trump says US Navy will blockade the Strait of Hormuz from today 📹 Sky News — Apr 13, 05:42 AM · 15min
US military says it will blockade Iran’s ports as ship traffic appears to halt in Strait of Hormuz Boston Globe — Apr 13, 04:04 AM
US to blockade Iran after talks fail to yield a deal RTE — Apr 13, 03:29 AM