Mastodawn

#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