Oil prices are surging to a one-month high as the U.S. reinstates its Iran blockade - qz.com
Published by WarSignal Editorial · Last updated
US President Donald Trump says he is reinstating a blockade on Iran in the Strait of Hormuz and will charge ships for safe passage. The announcement comes after the two countries exchanged more fire following an Iranian attack on a ship in the waterway on Sunday. The UN's shipping agency says they have consistently opposed any nation charging a fee for passage through straits used for.
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