Oil prices hit one month-high as Trump reinstates Iran blockade
- Oil prices climbed to their highest level in four weeks on Tuesday after the United States reinstated a naval blockade on Iran and announced plans to charge ships a 20 per cent toll on all cargo transiting the Strait of Hormuz.
- Prices have now climbed to their highest levels since the US and Iran signed
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- Oil prices climbed to their highest level in four weeks on Tuesday after the United States reinstated a naval blockade on Iran and announced plans to charge ships a 20 per cent toll on all cargo transiting the Strait of Hormuz.
- Prices have now climbed to their highest levels since the US and Iran signed
Sources: The Independent