Oil jumps more than 7% to above US$102 ahead of U.S. blockade on Iran
CTV News
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Oil prices jumped back above US$100 a barrel on Monday as the U.S. Navy prepared to block ships to and from Iran via the Strait of Hormuz in a move that could restrict Iranian oil exports after Washington and Tehran failed to reach a deal to end the war.
Trump orders naval blockade of Iran
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- Can the US really block Iran’s ports? Experts analyse Trump's threats 📹 Al Jazeera — · 8min
- What to know about Trump's Iran blockade and the Strait of Hormuz NBC News —
- Iran Threatens Ports as Trump Vows Hormuz Blockade Bloomberg —