Oil prices climb after Trump threatens Iran over Strait of Hormuz
By Auzinea Bacon
Published on April 5, 2026.
Oil prices have surged after President Donald Trump threatened to strike Iranian energy facilities if the Strait of Hormuz is not reopened. The global benchmark for crude oil prices rose by 0.7% to $110.05. The threat is a contrast to the previous two-day ultimatum issued by the president, which was extended to April 6.
Related Articles
No, Israel didn’t trick the U.S. into war with Iran
Despite Israel’s claims of strategic influence, the recent war with Iran was a textbook case of strategic mismanagement, led by President Trump, creating a false narrative.
Democrats and Republicans strategize ahead of May county primaries
Bill Dries covers city and county politics, including:.
The Biggest Missed Opportunity in Social Media Has Nothing to Do With Marketing
A lack of strategic awareness and willingness to act means many brands miss opportunities to leverage social media insights for business purposes.