Trump announces naval blockade of Strait of Hormuz as Iran peace talks fail

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The New York Times - Business 4 hours ago • nytimes.com

Oil Prices Surge Above $100 After Peace Talks Fail and Trump Threatens Blockade

Oil prices surged as markets reopened on Sunday following news that U.S. peace talks with Iran had ended without a deal.

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Financial Times - Home 12 hours ago • ft.com

Trump announces naval blockade of Strait of Hormuz as Iran peace talks fail

Reopening the critical waterway is a sticking point in negotiations as oil supply bottlenecks prompt a global energy crisis

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