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Oil Surges, US Futures Drop on Hormuz Blockade: Markets Wrap

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Bloomberg Markets 20 hours ago • bloomberg.com
Oil Surges, US Futures Drop on Hormuz Blockade: Markets Wrap
Oil surged and US equity futures slid after President Donald Trump ordered a blockade of the Strait of Hormuz, escalating tensions with Iran following the collapse of peace talks. The dollar rose.
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Bloomberg Markets 20 hours ago • bloomberg.com
Oil Surges With Gas as US Blockade of Hormuz Escalates Crisis
Oil and natural gas surged as the US moved to blockade the Strait of Hormuz after weekend talks between Washington and Tehran failed to yield a deal, escalating a global energy crisis that’s rocked markets.
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