Dossier
Financial Modeling Prep
Coverage of Financial Modeling Prep in the Nexus archive.
- Oil jumps as Trump claims new Hormuz blockade on Iran
Oil prices rose nearly 9% to $83 per barrel after President Trump announced the U.S. would reinstate a naval blockade on Iran at the Hormuz Strait, restricting Iranian ships while allowing others. Vessel tracking data shows a decline in ships transiting the strait, contradicting Trump's claim of its openness.