24-hour coverage PT
Breaking News Brazil and the world, minute by minute
Business

What Trump’s New Iran Blockade Could Mean for Oil Prices

The first blockade in April choked off Iranian exports without causing a lasting price surge. Now global oil reserves are lower, and ships face heightened risks.

The first blockade in April choked off Iranian exports without causing a lasting price surge. Now global oil reserves are lower, and ships face heightened risks.