Trump Declares Blockade of Strait of Hormuz; Oil Surges 5%, Stocks and Gold Tumble
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
A blockade of the Strait of Hormuz has been declared, causing oil prices to surge. This development has also led to declines in stocks and gold. The blockade's impact on the financial markets is being reported, with oil prices increasing by 5%.
Full coverage
1
CBS News·Jul 152
NBC News·Jul 133
qz.com·Jul 134
CNBC·Jul 75
Economies.com·Jul 136
MarketWatch·Jul 137
The Independent·Jul 148
The New York Times·Jun 14