Jul 13, 2026
Trump’s Hormuz Blockade and 20% Cargo Tax Drive Oil Prices Higher
Oil prices surge as Trump reinstates Hormuz blockade with 20% cargo fee. Brent crude rises 4.7% to $80 while shipping through the strait drops 52%.
The post Trump’s Hormuz Blockade and 20% Cargo Tax Drive Oil Prices Higher appeared first on Blockonomi.
Source: Blockonomi →Related News
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