Oil prices surge after Trump says U.S. will blockade the Strait of Hormuz

Steve KopackNBC NewsUpdated Apr 12, 2026, 10:30 PM

A view of the vessels passing through Strait of Hormuz following the two-week temporary ceasefire reached between the United States and Iran on the condition that the strait be reopened, seen in Oman on April 08, 2026.

A vessel at the Strait of Hormuz, off the coast of Oman’s Musandam province, April 12, 2026.

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Oil prices surge after Trump says U.S. will blockade the Strait of HormuzNBC News · Steve Kopack · Apr 12, 2026, 10:30 PM
Oil prices rise as stocks erase losses sparked by Iran warNBC News · Steve Kopack · Apr 12, 2026, 10:30 PM

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