Rewards Hub Oil prices have surged following an announcement by Trump setting a new deadline for Iran to reopen the Strait of Hormuz. Brent crude has risen to over $111 per barrel, while West Texas Intermediate (WTI) is approaching $115 per barrel. The Strait of Hormuz is a critical chokepoint for global oil shipments, and the deadline has heightened market tensions, driving up prices.
Oil Prices Surge as Trump Sets Deadline for Iran on Strait of Hormuz
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