Crude Oil Surges Over 9% as Trump Reimposes Hormuz Blockade and Resumes Military Strikes
Crude oil prices surged more than 9%, with Brent crude reaching $83 per barrel, driven by President Trump's reimposition of a U.S. naval blockade on Iranian ports near the Strait of Hormuz and renewed military strikes in the region.
Topics: Brent crude crude oil Iran U.S. naval blockade