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Oil prices rise after U.S. military announces blockade of Iranian ports

Name: Oil prices rise after U.S. military announces blockade of Iranian ports
Uploaded: 2026-04-12T23:47:43+00:00
Description: Shortly after the U.S. military announced a blockade on Iranian ports, oil prices rose higher, appearing to reverse price declines from last week. Stock market futures were also in decline. It comes after peace talks between the U.S. and Iran collapsed over the weekend. NBC News’ Allie Canal reports.

NBC News — Apr 12, 23:47 PM

Shortly after the U.S. military announced a blockade on Iranian ports, oil prices rose higher, appearing to reverse price declines from last week.

Stock market futures were also in decline.

It comes after peace talks between the U.S. and Iran collapsed over the weekend.

NBC News’ Allie Canal reports.