U.S. Blocks Iranian Ports, Spikes Oil Prices

Trump announced a blockade of Iranian ports after ceasefire talks collapsed.
Blockade targets Strait of Hormuz to prevent Iran from selling oil.
Oil prices rose to $104.26 per barrel, up 8%.
Revolutionary Guards warned 'no port in the region will be safe'.
Global stock markets fell due to geopolitical uncertainty.
U.S. banks prepare quarterly earnings reports amid market volatility.

Conflict | Economy | Geopolitics

United States | Iran | Strait of Hormuz

Donald Trump | Brian Jacobsen

4 days ago