
Oil prices leap and stocks fall as Trump reinstates Hormuz blockade on Iranian shipping
- Trump’s Hormuz move pushed oil prices higher and stocks lower
- Fresh US-Iran attacks increased fears over Gulf energy supplies
- Vessel traffic through the strait has already dropped sharply
Oil prices jumped and share markets fell after Donald Trump said the US would again block Iranian shipping in the Strait of Hormuz and impose a 20% toll on other eligible cargo using the route. The move followed further US strikes on Iran and retaliatory action from Tehran,…







