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Article CNBC Top Stories

Oil prices surge above $100 as U.S. Navy to blockade Iran's ports after peace talks fail

CNBC Top Stories April 12, 2026 · 10:22 pm Read Original
Bullish 77.8
−100 Bearish 0 +100 Bullish
Oil prices surge above $100 as U.S. Navy to blockade Iran's ports after peace talks fail

President Donald Trump said he ordered the U.S. Navy to find and interdict any ship in international waters that has paid a toll to Iran to transit the strait.

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Article Info
Source CNBC Top Stories
Published Apr 12, 2026 · 10:22 pm
Article ID agdf17v
Original URL Open source
Sentiment Signal
Bullish 77.8
−100Neutral+100
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