Brent crude jumps over 5% following Trump's pledge to reinstate blockade on Iranian ports

🇷🇺 TASS (RU) —
Brent crude jumps over 5% following Trump's pledge to reinstate blockade on Iranian ports

AI Summary

Brent crude oil prices jumped over 5% after President Trump pledged to reinstate a blockade on Iranian ports. This action intensified market volatility and impacted global energy trading levels.

As of 5:21 p.m. Moscow time, Brent crude was up 5.29%, trading at $80.03 per barrel

World Conflict Politics Markets Commodities Energy Brent crude oil prices Trump blockade Iranian ports market volatility energy trading

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