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وكالة صدى نيوز
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2026-07-14T00:00:00.000Z

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Oil Prices Rise Following Trump's Announcement of Reimposed Iranian Ship Blockade

Oil Prices Rise Following Trump's Announcement of Reimposed Iranian Ship Blockade

The price of Brent crude jumped to over $85 per barrel, the highest level in a month, after U.S. President Donald Trump announced the reimposition of a blockade on Iranian ships in the Strait of Hormuz and demanded payment of fees on all shipments passing through the waterway. The escalation caused a temporary decline in oil and gas prices, amid ongoing U.S. strikes on Iran and increasing tensions in the region, threatening global energy supplies.

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