Oil Spikes Past $100 As US Plans Naval Blockade Around Iranian Ports
Monday, 13 April 2026Newsdesk
US crude (West Texas Intermediate) rose 8 per cent to $104.24 a barrel. Brent crude jumped 7 per cent to $102.29.
New Delhi 13 April 2026
As per news report of NDTV,Prices jumped after the United States Central Command (part of US Department of Defense) said it would enforce a naval blockade around Iranian ports. The aim is stop Iranian oil exports and prevent tolls in the Strait of Hormuz.
Source - NDTV
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