U.S. Reimposes Iranian Blockade as Trump Scraps Hormuz Toll
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Oil jumps 5% after Trump reimposes Iran blockade
The price of oil jumped more than 5% after President Donald Trump declared on social media Monday morning that the U.S. would be resume its blockade on Iran and be “reimbursed” for helping ships transit the Strait of Hormuz. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. … Read more
Iran reimposes ‘strict control’ over Strait of Hormuz, citing continued U.S. naval blockade
Iranian military officials said Saturday that conditions in the Strait of Hormuz have reverted to “strict control,” citing the continued U.S. blockade of its ports, just one day after declaring the waterway “completely open.” Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “Control over the Strait of Hormuz … Read more