Commodities

Oil prices breach $100 as Trump vows to blockade Strait of Hormuz

By Abigail Townsend

Date: Monday 13 Apr 2026

(Sharecast News) - Oil prices surged on Monday, after peace talks between the US and Iran collapsed over the weekend, prompting the White House to threaten to blockade the Strait of Hormuz.
Both benchmark Brent crude and West Texas Intermediate once again climbed above $100 a barrel in morning trading. By...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page