Oil rises after Trump reimposes Hormuz blockade
- The price of oil jumped more than 5% after President Donald Trump declared on social media Monday morning that the U.
- would be resume its blockade on Iran and be “reimbursed” for helping ships transit the Strait of Hormuz.
Unverified
- The price of oil jumped more than 5% after President Donald Trump declared on social media Monday morning that the U.
- would be resume its blockade on Iran and be “reimbursed” for helping ships transit the Strait of Hormuz.
Sources: NBC News