Trump Favors Naval Blockade as Oil Prices Surge

President Donald Trump signaled a preference for economic pressure over military strikes as the closure of the Strait of Hormuz drives Brent crude above $86.

Brent crude oil prices rose above $86 following the failure to reach a deal to reopen the Strait of Hormuz. Donald Trump stated he is prepared to let economic pressure build on Iran through a naval blockade rather than launching new military strikes to force the waterway's reopening.

Reported across 6 outlets

bloomberg.com standard.co.uk hindustantimes.com lbc.co.uk aol.co.uk investing.com

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Donald TrumpGovernment of Iran

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