Oil prices climb back above $100 after failed cease-fire talks
After the weekend’s talks failed, President Trump threatened a blockade of the Strait of Hormuz, a move that raises the pressure on Iran by trying to prevent it from making money by selling oil.
- Sensex slides 703 pts as crude spikes again Times Of India —
- What does a U.S. naval blockade of Iran mean for oil flows? The Japan Times —
- Talks collapse, and now a blockade: Experts expect gas prices to keep climbing Scripps News —
- Traffic appears to halt in the Strait of Hormuz Business Insider —
- Dow falls 150 points, oil surges above $100 after Trump announces Strait of Hormuz blockade NY Post —