Nonilex23h ago

#Oil #prices rise after #Trump threatens to block passage through #StraitOfHormuz

#BrentCrude, the international benchmark, was up 8%, at about $102. #US #crude was up 8% to $104.

Dow futures sank 1.04%, or 502 points. S&P 500 futures were down 1%, & Nasdaq futures declined 1.15%.

#idiocracy #kakistocracy #TrumpsWar #IranWar #Iran #war #RulesOfWar #law #Congress #WarPowers #NationalSecurity #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
https://www.cnn.com/2026/04/12/business/oil-prices-iran-war

Oil prices rise after Trump threatens to block passage through Strait of Hormuz

Oil prices topped $100 a barrel again on Sunday after President Donald Trump said the US would blockade “any and all Ships trying to enter, or leave, the Strait of Hormuz,” threatening to further disrupt oil flows.

CNN
Mohamed Dosou | محمد دوسو1d ago

Trump: "We have the greatest oil. Don't need Gulf or Venezuela."
Reality: US oil is light & weak.
Your refineries are designed for heavy crude - the kind Saudi and Iraq sell.
You import 7M bpd of heavy oil daily.
Gas at $4. Your "energy dominance" is a diaper full of lies. 🧷💩 🔥💀🇺🇸

#Trump #USPolitics #America #USA #Iran #Israel #Crude #Oil

Show threadRobert H4d ago

@npr @world-news-npr

The short story is this. Someone surely made a bunch of money when #Trump announced an #Iran cease fire. #Crude prices dropped $15. Now it goes back up. Lather, rinse, repeat.

CBC World5d ago
No sign Iran ceding control of Strait of Hormuz in ceasefire, with logjam expected to continue for weeks
Shippers looking to revive the passage of tankers through the Strait of Hormuz were seeking clarity on the logistics on Wednesday, while refiners inquired about new crude loadings, in response to a ceasefire deal between the U.S. ‌and Iran.
https://www.cbc.ca/news/world/war-ceasefire-strait-hormuz-outlook-9.7155950?cmp=rss
Don Curren 🇨🇦🇺🇦5d ago
Bloomberg: Falling #oil prices after the #ceasefire announcements have revived bets that the #Fed will refocus on #interest-ratecuts. Hopes for a gradual return in #crude supplies have boosted #equities, sending a gauge of #AsiaPacific shares climbing to the highest level since early March #markets
Gopi Adusumilli 5d ago

Crude oil prices tank up to 20 pc over Iran ceasefire announcement #Crude #Iran #socialnewsxyz

https://www.socialnews.xyz/2026/04/08/crude-oil-prices-tank-up-to-20-pc-over-iran-ceasefire-announcement/

Don Curren 🇨🇦🇺🇦Apr 5
#US #crude #oil production is hitting record highs. Via #AdamTooze open.substack.com/pub/adamtooz...
Don Curren 🇨🇦🇺🇦Apr 2
1 “Rhodium Group estimates that China’s #electrivehicle ( #EV) fleet is now consuming the equivalent of 1.76 million barrels of #crude #oil per day, up from 1 million barrels a year ago, reducing China’s future needs for #importedoil.” #China 🧵
Gopi Adusumilli Apr 1

Crude material suspected in blast outside BJP office in Chandigarh: Police (Ld) #Crude #BJP #ChandigarhPoliceLd #socialnewsxyz

https://www.socialnews.xyz/2026/04/01/crude-material-suspected-in-blast-outside-bjp-office-in-chandigarh-police-ld/

Crude material suspected in blast outside BJP office in Chandigarh: Police (Ld) - Social News XYZ

Chandigarh, April 1 (SocialNews.XYZ) Panic gripped Chandigarh on Wednesday after a loud explosion, suspected to have involved crude material, was reported outside the BJP’s office in Sector 37, Senior Superintendent of Police (SSP) Kanwardeep Kaur... - Social News XYZ

Social News XYZ
CBC BusinessApr 1
Trump administration launches new bid to attract U.S. oil companies to Venezuela — but finding few takers
President Donald Trump has been pressuring U.S. oil and gas executives to invest in Venezuela’s energy sector, nearly three months after the toppling of former president Nicolás Maduro, as the country is said to have the largest crude oil reserves in the world.
https://www.cbc.ca/news/canada/calgary/bakx-venzuela-ceraweek-shell-chevron-machado-9.7148762?cmp=rss