US · 1 sources covering this

Oil jumps as Trump claims new Hormuz blockade on Iran

Data: Financial Modeling Prep ; Chart: Ben Geman/Axios Oil prices surged about 9% Monday to roughly $83 per barrel after President Trump claimed the U.S. was reinstating a naval blockade on Iran, adding to gains already driven by renewed hostilities over the weekend. Why it matters: Higher oil prices typically feed into higher gasoline prices, potentially pushing the national average back toward $4 per gallon. Context: The average U.S. price was $3.87 per gallon Monday morning, per AAA data , u…

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

0 L · 1 C · 0 R

How 1 sources are covering this

AxiosCenter·3h ago
Oil jumps as Trump claims new Hormuz blockade on Iran
Data: Financial Modeling Prep ; Chart: Ben Geman/Axios Oil prices surged about 9% Monday to roughly $83 per barrel after President Trump claimed the U.S. was reinstating a naval blockade on Iran, adding to gains already driven by renewed hostilities over the weekend. Why it matters: Higher oil prices typically feed into higher gasoline prices, potentially pushing the national average back toward $4 per gallon. Context: The average U.S. price was $3.87 per gallon Monday morning, per AAA data , u…
Read at Axios →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/08ba6f8b1149edf73c525e74ec632a914242b78a"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Oil jumps as Trump claims new Hormuz blockade on Iran"></iframe>

Oil jumps as Trump claims new Hormuz blockade on Iran

How 1 sources are covering this

Oil jumps as Trump claims new Hormuz blockade on Iran

More from US

Trump says U.S. 'taking over the strait' as conflict with Iran reignites

Rep. Chellie Pingree speaks out about ICE shooting in Maine

Trump-backed Daylight Saving Time bill clears key House hurdle

Maine ICE shooting victim was not target of arrest warrant, Sen. King’s office says after earlier DHS account

Reader

Trust & legal

Across the network