diplomacyApr 29, 2026

Oil Price Today (April 29): Crude oil crosses $110, extends gain for 8th straight session. Here’s why

Summary

According to a Wall Street Journal report late Tuesday, citing U.S. officials, President Donald Trump has asked aides to prepare for an extended blockade of Iran. The report said Trump intends to keep pressuring Iran’s economy and oil exports by restricting shipping to and from its ports.

Source: Veer Sharma — Read the full report

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Iran

Sources

Veer SharmaBy Veer Sharma
According to a Wall Street Journal report late Tuesday, citing U.S. officials, President Donald Trump has asked aides to prepare for an extended blockade of Iran. The report said Trump intends to keep pressuring Iran’s economy and oil exports by restricting shipping to and from i…

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