International Economic

Oil prices hit one-month high on Trump plan for 'extended' Iran naval blockade

By Michele Maatouk

Date: Wednesday 29 Apr 2026

(Sharecast News) - Oil prices hit a one-month high on Wednesday following a report that US president Donald Trump has instructed aides to prepare for an extended naval blockade of Iran.
According to the Wall Street Journal, citing US officials, Trump is targeting the regime's coffers in a high-risk bid to...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page