Oil Prices Surge Amidst Reports of Extended U.S. Blockade on Iran
29.04.2026, 17:00
Oil prices have surged, with Brent crude hitting a one-month high of $117, following reports that the Trump administration is preparing for an extended naval blockade of Iran. Concerns over the potential for prolonged disruptions in the Strait of Hormuz, a key shipping route for global oil, have...