Oil Prices Boom After Hormuz Strait Blockade Announcement
3h ago•
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The oil market was rattled by the Trump Administration’s announcement of an upcoming blockade of the Hormuz Strait, with West Texas Intermediate and Brent benchmark futures surpassing $100 per oil barrel. The move is expected to accelerate the rise of gas prices in the U.S. and internationally. Key Takeaways: Trump’s April 13 blockade on Iran […]3h ago•
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