U.S. blocks Strait of Hormuz: Here’s what's next for oil prices

Biztoc.com - July 13, 2026

U.S. blocks Strait of Hormuz: Here’s what's next for oil prices

The June 17 ceasefire between the U.S. and Iran is over. U.S. forces bombed more than 80 targets inside Iran over the July 12-13 weekend. Iran's Revolutionary Guard responded by closing the Strait of Hormuz again. On July 13, President Donald Trump went on T…

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