strikeApr 13, 2026

Crude Oil Soars As Trump's Moves Renew Concerns Of A Wider Gulf War

Summary

(RTTNews) - Rebounding from Friday's plunge, crude oil has surged on Monday after U.S. President Donald Trump imposed a blockade on ships transiting to and from Iran via the Strait of Hormuz. WTI Crude Oil for May month delivery was last seen trading up by $2.67 (or 2.76%) at $99.24 per barrel.

Source: RTTNews — Read the full report

Actors involved

Iran

Sources

RTTNewsBy RTTNews
(RTTNews) - Rebounding from Friday's plunge, crude oil has surged on Monday after U.S. President Donald Trump imposed a blockade on ships transiting to and from Iran via the Strait of Hormuz. WTI Crude Oil for May month delivery was last seen trading up by $2.67 (or 2.76%) at $99…

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