Oil prices resume their climb and Asian markets decline as US prepares for blockade of strait - Peer2Peer

Oil prices resume their climb and Asian markets decline as US prepares for blockade of strait

Apr 12, 2026

Oil prices have resumed their climb and Asian markets mostly declined as the U.S. military prepared to blockade ships entering or leaving the Strait of Hormuz, where most shipping has been stalled by Iran since the start of the war

https://abcnews.com/Business/wireStory/oil-prices-resume-climb-asian-markets-decline-us-131982473

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