Oil surges more than 9% after Trump reimposes Iran blockade

The price of oil jumped after President Trump declared on social media that the U.S. would be “reimbursed” for helping ships transit the Strait of Hormuz.

Source: Nbcnews.com

Original source: https://www.nbcnews.com/business/markets/oil-rises-trump-reimposes-hormuz-blockade-rcna587297

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