Oil Prices Surge as Strait of Hormuz Stays Shut and Trump’s Deadline Expires
The world’s most critical oil route remains blocked — and the clock has run out. Oil prices climbed sharply as Trump’s Strait of Hormuz deadline expired with Iran showing no sign of backing down. WTI crude futures surged past $115 per barrel while Brent rose to $111.43. Trump’s Ultimatum And Iran’s Rejection Trump threatened to…