Oil prices rise as trump sets Iran Hormuz deadline

By Boluwatife Oshadiya | April 7, 2026 Key Points Main Story Oil prices rose modestly on Tuesday, maintaining heightened volatility as markets reacted to a looming deadline issued by U.S. President Donald Trump demanding Iran reopen the Strait of Hormuz or face potential military strikes on critical infrastructure. Brent crude climbed to $109.97 per barrel, … Continue reading Oil prices rise as trump sets Iran Hormuz deadline