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Oil Prices Surge to $115 Following Extended Iran Blockade Reports

via Reuters·1h ago·5 sources

Global oil prices jumped to $115 per barrel after reports confirmed the U.S. military is extending its blockade of Iranian ports indefinitely. This economic shockwave underscores the severe geopolitical instability caused by the ongoing war in the Middle East. Markets are now bracing for prolonged supply disruptions as the conflict intensifies.

Read Full Story at Reuters

Coverage from 5 outlets

Washington Examiner

Trump digs in on blockade, claims he has Iran on the ropes

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The Washington Post

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