EconomyBrent crude jumps more than 5% after Trump pledges to reinstate Iranian port blockade
Brent crude rose sharply after Donald Trump pledged to reinstate a blockade on Iranian ports. At 5:21 p.m. Moscow time, the benchmark was up 5.29%. It was trading at $80.03 per barrel. The market move followed the pledge to restore the blockade. The development points to an immediate reaction in oil prices to the announced policy.
T
TASS★★★★☆2026-07-13 15:06Original
Brent crude jumps more than 5% after Trump pledges to reinstate Iranian port blockade