US imposes Hormuz blockade as oil prices surge above $100
Oil prices rose sharply after US-Iran talks failed and Trump ordered a blockade of the strait of Hormuz.
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Oil prices rose sharply after US-Iran talks failed and Trump ordered a blockade of the strait of Hormuz.
Oil and gas prices increased amid concerns over the durability of a ceasefire in the Middle East.
Oil prices fell nearly 15% after Trump announced a conditional ceasefire with Iran, allowing passage through the strait of Hormuz.