Trump's Strait of Hormuz Threat Pushes Oil Over $100
Oil prices rise after Trump threatens to block passage through Strait of Hormuz | CNN Business
Oil prices topped $100 a barrel again on Sunday after President Donald Trump said the US would blockade “any and all Ships trying to enter, or leave, the Strait of Hormuz,” threatening to further disrupt oil flows.
Oil prices surged past $100 per barrel Sunday following President Trump's threat to blockade the Strait of Hormuz, a critical shipping chokepoint for global energy supplies. The statement raises concerns about potential disruptions to international oil flows and economic impacts. Markets reacted sharply to the geopolitical tension and supply uncertainty.
Original Article
Read full article on CNNExplore More
Related News
Trump says gas prices could be same or 'a little bit higher' before midterms
USA TODAY · 2026.04.13
The Guardian view on US-Iran talks: Trump’s diplomacy falters as risk of war grows | Editorial
The Guardian · 2026.04.13
Iran war live: US military says it will block Iranian traffic in Hormuz
Breaking News, World News and Video from Al Jazeera · 2026.04.13
What really happened in Islamabad — and what Trump is trying now
2026.04.13
Pope Leo and President Trump are at odds over immigration in the U.S. and the Iran war
CBS News · 2026.04.13
Illiberalism Is Not Inevitable
The Atlantic · 2026.04.13