Oil Advances as US Blockade of Hormuz Escalates Energy Crisis
Oil gained at the open as the US moved to blockade the Strait of Hormuz after weekend negotiations between Washington and Tehran failed to yield a deal to end their conflict.
- US to blockade Iran's ports, as Trump says he 'doesn't care' if Tehran returns to peace talks ITV —
- Oil price rises back over $100 a barrel after Trump announces naval blockade of strait of Hormuz β business live The Guardian —
- Oil up over 7% to above $100 ahead of US blockade on Iran RTE —
- Trump says US Navy will blockade the Strait of Hormuz from today πΉ Sky News — Β· 15min
- US military says it will blockade Iranβs ports as ship traffic appears to halt in Strait of Hormuz Boston Globe —